213 Browns LnLeesville, LA 71446

Property Details for 213 Browns Ln

Lot size

1.00 AC

Property type

Retail space

APN

040-581-4079

APU

405814079

Description

This exceptional investment opportunity presents a 4,200 square foot, self-storage and special purpose property located at 213 Browns Ln, Leesville, LA 71446. Currently operating as a successful CrossFit gym, this turnkey business is situated on a 4.2-acre lot, offering significant potential for continued growth and profitability. The asking price is $199,900, translating to a price per square foot of $47.60. The entire 4,200 square feet is net rentable, providing ample space for fitness equipment, training areas, and potentially additional revenue streams. The property's prime location offers easy access to Fort Johnson, ensuring a consistent flow of potential clients. This established business boasts a history of strong performance, making it an attractive proposition for entrepreneurs seeking a ready-made enterprise. The sale includes the existing business operations, providing a seamless transition for the new owner. This is a rare chance to acquire a thriving business with significant upside potential in a desirable location. All aspects of the business are ready for immediate operation, minimizing start-up costs and maximizing return on investment. The property's size and location provide ample room for expansion or diversification, allowing for future growth and adaptation to market demands. Don't miss this opportunity to own your own successful business.

• CAP approach

  CAP return

  Valuation

  6%

  $17,602,576

  6.5%

  $16,248,532

  7%

  $15,087,922

• Comparable approach

  Method

  Valuation

  Relative Method

  $20,733,552

  Geo Method

  $32,864,400

• Alternative Use

  Use

  Valuation

  Residential

  $13,706,245

  Hospitality

  $12,554,846

  Educational

  $10,445,485

  Medical

  $10,804,721

  Retail

  $16,248,532

Location Insight

City

Leesville

County

Vernon

State

Louisiana

Latitude

31.0451

Longitude

-93.2792

CBSA code

22860

CBSA name

FORT POLK SOUTH, LA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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