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    3402 Hwy 28 Hwy Pineville, LA 71360

    For Sale
    $180,000

    Prime Pineville Location, High Traffic

    Property size:
    1,986 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional 1,986 square foot commercial property, situated on a 0.17-acre lot at 3402 Highway 28 in Pineville, Louisiana, presents a remarkable opportunity for business owners and investors alike. Boasting a prime location on one of Central Louisiana's busiest highways, this property enjoys exposure to thousands of vehicles daily, ensuring high visibility and significant foot traffic potential. Previously utilized as a flower shop and vape shop, the versatile space is adaptable to a wide range of commercial ventures. The current owner is willing to remove existing window decals and leave behind shelving and other equipment, facilitating a smooth transition for the new owner. Security and video cameras are included, providing peace of mind. Beyond its immediate business potential, this property also represents a strong rental investment opportunity, having previously commanded a monthly rent of $1,500. The asking price of $180,000 makes this a compelling investment in a high-traffic, high-visibility location. Don't miss this chance to secure a thriving business location or add a valuable asset to your investment portfolio. This property offers unparalleled potential for success in a dynamic and growing market.

    Property Features for 3402 Hwy 28 Hwy

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,986 SF
    Lot Size
    7,405 SF

    Building Details

    Year Built
    1995
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Pineville
    County
    Rapides
    State
    Louisiana
    Longitude
    -92.38864
    Latitude
    31.33336

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Pineville Location, High Traffic
    Where is this commercial real estate located?
    The property is located at 3402 Hwy 28 Hwy Pineville, LA.
    What is the asking price?
    The asking price for this property is $180,000.
    (318) 619-7796
    Request Owner's contact information
    3402 Hwy 28 Hwy Pineville, LA 71360
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    Pineville, LA 71360
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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
    3402 Hwy 28 Hwy Pineville, LA 71360
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