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Property profile & analytics
OFF-MARKET Estimated value $785,000
Commercial real estate

300 Pne St Ponchatoula, LA 70454-3335

7,672 SF 3.5 ac lot Built 1982
Individually Owned 18-yr Hold Free & Clear
Property ID
US36-0978998
Property summary
AI-generated overview

This exceptional commercial property, located at 300 E Pine Street in the heart of Ponchatoula, Louisiana, presents a unique investment opportunity. The building boasts 2,528 square feet of space, currently occupied by individual tenants on month-to-month agreements, offering immediate income potential. The property's prime downtown location ensures high visibility and accessibility. The existing structure offers multiple office spaces, but significant potential exists for expansion and increased usable square footage. Both the upstairs and downstairs areas offer opportunities for development, allowing for a substantial increase in rentable space. This flexibility makes the property ideal for a variety of uses, from professional offices to retail spaces, catering to the needs of a diverse clientele. The building's current configuration provides a solid foundation for immediate income generation, while the untapped potential for expansion promises significant long-term returns. This is a rare chance to acquire a versatile commercial property in a thriving downtown area, offering both immediate income and substantial future growth prospects. The asking price is $499,999. The property sits on a lot with no acreage listed. Serious inquiries are encouraged.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1982
Total area 7,672 SF
Lot 3.5 ac (152,460 SF)
APN 1682709
UPID US36-0978998
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • B & w Pipe Factory Metal Fabrication Plant
  • Freedom Termite & Pest Control, Inc Garden Center
  • Mc Gary Johnny S Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$540k
Comparable Approach Comparable
$1.02M
Blend (final) Blend
$785k
Owner & transaction history
Regions Bk · 18 yrs held
Regions Bk
since 2008
1 recorded transaction
2008
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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