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    7827 La Highway 1 Addis, LA 70710

    For Sale
    $200,000

    Versatile Addis commercial building, 0.59 acres.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This Addis, Louisiana commercial property, located at 7827 S La Hwy 1, presents a unique investment opportunity. Priced at $200,000, this 0.59-acre lot offers a building currently zoned C1, suitable for a variety of uses including retail or office space. While the existing structure requires updates, it remains usable in its current condition. Prospective buyers should be aware that a survey of the property is required prior to closing, and the proposed use must receive approval from the City of Addis. This condition ensures compliance with local regulations and allows for a smooth transition of ownership. The property's location on S La Hwy 1 offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence in the Addis market. The 0.59-acre lot provides ample space for potential expansion or future development, adding to the property's long-term value. Serious inquiries are encouraged to explore this promising commercial real estate venture. The property's potential is significant, making it an ideal investment for those seeking a project with upside potential. The flexible zoning and prime location combine to create a compelling opportunity in the thriving Addis commercial landscape. All necessary due diligence, including the required survey and city approvals, should be factored into the acquisition process.

    Property Features for 7827 La Highway 1

    General Information

    Property type
    Other commercial real estate
    Lot Size
    25,700 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Wholesale Shop Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Addis
    County
    West Baton Rouge
    State
    Louisiana
    Longitude
    -91.25889
    Latitude
    30.35621

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Commercial real estate - Versatile Addis commercial building, 0.59 acres.
    Where is this commercial real estate located?
    The property is located at 7827 La Highway 1 Addis, LA.
    What is the asking price?
    The asking price for this property is $200,000.
    (225) 925-1119
    Request Owner's contact information
    7827 La Highway 1 Addis, LA 70710
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    Addis, LA 70710
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7827 La Highway 1 Addis, LA 70710
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