1329 Military HwyPineville, LA 71360

Property Details for 1329 Military Hwy

Lot size

0.34 AC

Property type

Office properties

Property subtype

Other office properties

APN

24-019-07430-0011

APU

24019074300011

Description

This exceptional 1,244 square foot office building is ideally situated at 1329 Military Highway in Pineville, Louisiana, offering a prime commercial location just off Main Street. The property boasts a prominent corner lot spanning 0.34 acres, providing extensive parking for clients and employees. Constructed of brick, the building has been consistently well-maintained and features tasteful updates implemented over the years. The asking price for this turnkey opportunity is $169,000. A significant advantage for a prospective buyer is that much of the existing furniture will remain with the property, facilitating a seamless transition and minimizing initial setup costs. This significantly reduces the burden of furnishing the space, allowing for immediate occupancy and operational commencement. The building's excellent condition and convenient location make it an attractive investment for a variety of businesses seeking a comfortable and functional workspace. The ample parking ensures convenient access for both staff and visitors, a key feature in today's busy commercial landscape. This property presents a rare opportunity to acquire a well-established and readily operational office space in a desirable location. Serious inquiries are encouraged to schedule a viewing and explore this exceptional commercial offering.

• CAP approach

  CAP return

  Valuation

  6%

  $2,052,804

  6.5%

  $1,894,896

  7%

  $1,759,546

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,825,640

  Geo Method

  $4,478,874

• Alternative Use

  Use

  Valuation

  Residential

  $2,349,671

  Hospitality

  $2,152,286

  Educational

  $1,790,676

  Medical

  $1,852,261

  Retail

  $2,785,497

Location Insight

City

Pineville

County

Rapides

State

Louisiana

Latitude

31.3301

Longitude

-92.4291

CBSA code

10780

CBSA name

ALEXANDRIA, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].