1330 Texas AveAlexandria, LA 71301

Property Details for 1330 Texas Ave

Year built

2005

Property size (Sq ft)

9,398 SF

Property type

Retail properties

Property subtype

Community centers

APN

24-033-35245-0002

APU

24033352450002

Description

This exceptional 2,000 square foot retail space is ideally situated in the heart of Alexandria, Louisiana, at 1330 Texas Avenue (corner of Jackson Street). The property boasts a prime location near Cabrini Hospital, numerous shopping options, restaurants, and the Alexandria Mall, ensuring high visibility and foot traffic. With over 22,000 residential units within minutes, this location offers significant market access. The single-tenant building, constructed on a 0.53-acre lot, underwent renovations in 2019, ensuring modern amenities. The property features municipal/electric power and comprises a single-story structure. Its classification as professional, boutique, or hair salon space makes it versatile for a variety of businesses. The convenient location, close proximity to downtown Alexandria, and recent renovations make this a highly attractive opportunity for businesses seeking a thriving retail environment. The property's size and location offer significant potential for growth and success. This is a rare opportunity to secure a well-maintained, conveniently located retail space in a high-traffic area of Alexandria.

• CAP approach

  CAP return

  Valuation

  6%

  $1,895,661

  6.5%

  $1,749,841

  7%

  $1,624,853

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,473,230

  Geo Method

  $7,090,442

• Alternative Use

  Use

  Valuation

  Residential

  $1,476,056

  Hospitality

  $1,352,060

  Educational

  $1,124,898

  Medical

  $1,163,585

  Retail

  $1,749,841

Location Insight

City

Alexandria

County

Rapides

State

Louisiana

Latitude

31.2878

Longitude

-92.4722

CBSA code

10780

CBSA name

ALEXANDRIA, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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