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Property profile

25073 Highway 1 Plaquemine, LA 70764

OFF-MARKET
Commercial real estate
0.53 ac lot
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Property summary

AI-generated overview

This exceptional commercial property at 25073 Hwy 1, Plaquemine, LA, offers 7400 square feet of adaptable space on a 0.53-acre lot. Priced at $475,000, the building is ideally suited for a variety of uses, including medical, office, or light industrial. The property features three distinct suites. The largest suite, encompassing 3800 square feet, is a fully furnished medical office, complete with a waiting area, seven examination rooms, a conference room, a break room, and individual offices. Two additional 1800-square-foot suites offer further flexibility. One was previously occupied by a pharmacy, while the other is a blank canvas ready for tenant build-out to meet specific needs. Ample parking is provided with a 22-space lot. High visibility is ensured by prominent signage directly on Hwy 1, guaranteeing excellent exposure for any business. This property presents a unique opportunity to acquire a well-located, versatile commercial building with significant potential. The combination of existing infrastructure and adaptable space makes this an attractive investment for a diverse range of commercial enterprises. The property's strategic location on Hwy 1 provides unparalleled access and visibility, making it an ideal choice for businesses seeking a prominent presence in the Plaquemine market.

Property profile

Verified
Property type Commercial real estate
Lot 0.53 ac (23,087 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

25073 Highway 1 Plaquemine, LA 70764
Plaquemine metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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