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Property profile & analytics
FOR SALE
Office Spaces

6014 Old Boyce Rd Alexandria, LA 71303

0.81 ac lot
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US36-1023801
Property summary
AI-generated overview

This exceptional 0.81-acre commercial lot presents a unique redevelopment opportunity in Alexandria, Louisiana. Strategically situated off Interstate 49, this property enjoys unparalleled visibility and accessibility, benefiting from its proximity to a bustling truck stop, ensuring high daily traffic volume. The lot previously housed a hotel, and the existing concrete slab and parking area remain in place, significantly reducing site preparation costs and expediting the development process. This presents a substantial advantage for developers seeking a quick turnaround on projects. The level topography of the land simplifies construction and minimizes potential grading expenses. The property's location offers excellent potential for a variety of commercial ventures, capitalizing on the high traffic counts generated by the adjacent truck stop and the convenient access to I-49. This prime location makes it ideal for businesses seeking high visibility and easy access for customers and employees. The existing infrastructure significantly reduces the initial investment required for development, making this an attractive proposition for investors and entrepreneurs alike. This is a rare opportunity to acquire a well-positioned commercial lot with significant development potential in a high-traffic area. The property is ready for immediate development, offering a streamlined path to realizing your commercial vision. Serious inquiries are encouraged.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Lot 0.81 ac (35,066 SF)
APN 24-075-67011-0002
UPID US36-1023801
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Apollo Lodging LLC · 9 yrs held
Apollo Lodging LLC
since 2016
1 recorded transaction
2016
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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