7215 Highway 165Columbia, LA 71418

Property Details for 7215 Highway 165

Lot size

0.46 AC

Property size (Sq ft)

512 SF

Property type

Office properties

Property subtype

Other office properties

APN

40018590

APU

40018590

Description

This exceptional commercial property, located at 7215 Highway 165 in Columbia, LA, presents a unique investment opportunity. The 0.5-acre lot boasts high visibility, situated directly beside a Popeyes restaurant, ensuring significant foot and vehicle traffic. The property includes an existing building ideally suited for office space, ready for immediate occupancy. Utilities are readily available, minimizing setup time and costs. The existing office building is move-in ready, requiring only the connection of necessary utilities and equipment. Additionally, a second, older building on the property offers versatile potential. Its adaptable layout could accommodate a variety of uses, such as a mechanic's shop or tire shop, expanding the property's income potential. This prime location on Highway 165 offers unparalleled exposure for any business seeking high visibility and convenient access. The asking price is $149,900. This is an excellent chance to establish a thriving business in a high-traffic area. Don't miss this opportunity to own a versatile commercial property with immediate income potential. Contact us today to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $81,349

  6.5%

  $75,091

  7%

  $69,728

• Comparable approach

  Method

  Valuation

  Relative Method

  $96,706

  Geo Method

  $36,623

• Alternative Use

  Use

  Valuation

  Residential

  $93,113

  Hospitality

  $85,291

  Educational

  $70,961

  Medical

  $73,402

  Retail

  $110,384

Location Insight

City

Columbia

County

Caldwell

State

Louisiana

Latitude

32.0884

Longitude

-92.0892

Property Tax & Assessments

FAQs

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