5994 Jackson StAlexandria, LA 71303

  • Office properties
  • 0.19 AC
For Lease
$51,282/SF/YR View listing

Property Details for 5994 Jackson St

Lot size
0.19 AC
Property type
Office properties
Property subtype
Other office properties
APN
23-009-04970-0001
APU
23009049700001

Description

This exceptional 0.78-acre commercial lot presents a unique investment opportunity in Alexandria, Louisiana. Located at 5994 Jackson Street, this property boasts a highly desirable location adjacent to Alexandria Senior High School, ensuring a consistent flow of potential customers from the surrounding dense population. The site is zoned for general commercial use, offering flexibility for a wide range of business ventures, including retail establishments and restaurants. Recent infrastructure improvements, including a newly completed roundabout, provide excellent accessibility and visibility. The property is available for both lease and sale, presenting a versatile option for prospective buyers or tenants. With its strategic location, convenient access, and flexible zoning, this lot represents a compelling opportunity to establish or expand a business in a thriving community. The absence of any existing buildings allows for complete customization to suit specific business needs. This prime location offers significant potential for growth and return on investment. The property's proximity to a major high school and its convenient access via the recently constructed roundabout make it an attractive proposition for businesses seeking high visibility and accessibility. Serious inquiries are encouraged to explore the possibilities this exceptional property offers.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,129,690
    6.5%
    $1,042,791
    7%
    $968,306
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,555,047
    Geo Method
    $2,464,878
  • Alternative Use

    Use
    Valuation
    Residential
    $1,293,060
    Hospitality
    $1,184,436
    Educational
    $985,437
    Medical
    $1,019,328
    Retail
    $1,532,902
5994 Jackson St, Alexandria, Louisiana

Location Insight

City
Alexandria
County
Rapides
State
Louisiana
Latitude
31.2637
Longitude
-92.4899
CBSA code
10780
CBSA name
ALEXANDRIA, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,342
$6,400
$6,000
$12,400
-
$64,000
$40,000
$104,000

FAQs

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