701 Xavier StAlexandria, LA 71302

Property Details for 701 Xavier St

Lot size

19.48 AC

Property type

Office properties

Property subtype

Other office properties

APN

24-007-08080-0008

APU

24007080800008

Description

This exceptional industrial property, located at 701 Xavier St, Alexandria, LA 71302, in Rapides Parish, offers 330,000 square feet of warehouse space within a 20-acre site. The building features a 20-foot ceiling height and is divisible to a minimum of 2,000 square feet, with a maximum contiguous space of 45,000 square feet. Currently, there are 135,000 square feet of vacant space available across three suites. The property boasts twelve loading docks, ensuring efficient loading and unloading operations. Its strategic location provides easy access to I-49, the Central Louisiana Regional Port, and Alexandria International Airport. This warehouse is ideal for businesses requiring substantial storage capacity and convenient access to major transportation routes. The property includes fire and security monitoring/protection systems. This is a rare opportunity to acquire a large-scale warehouse in a prime location.

• CAP approach

  CAP return

  Valuation

  6%

  $116,434,336

  6.5%

  $107,477,848

  7%

  $99,800,864

• Comparable approach

  Method

  Valuation

  Relative Method

  $160,273,680

  Geo Method

  $254,047,088

• Alternative Use

  Use

  Valuation

  Residential

  $133,272,536

  Hospitality

  $122,076,928

  Educational

  $101,566,568

  Medical

  $105,059,600

  Retail

  $157,992,448

Location Insight

City

Alexandria

County

Rapides

State

Louisiana

Latitude

31.3018

Longitude

-92.4434

CBSA code

10780

CBSA name

ALEXANDRIA, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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