5994 Jackson StAlexandria, LA 71303

Property Details for 5994 Jackson St

Lot size

0.19 AC

Property type

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.

• 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

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

FAQs

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