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    1701 Lee St Alexandria, LA 71301

    For Sale
    $350,000

    High-traffic corner lot, lucrative potential.

    Property size:
    1,686 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional commercial property, located at 1701 LEE Street in Alexandria, Louisiana, presents a compelling investment opportunity. Situated on a 0.53-acre lot, this established gas station enjoys a prime location just minutes from I-49 and close to downtown Alexandria, ensuring high visibility and consistent traffic flow. The property boasts a substantial 1,686 square feet of building space, including a fully equipped kitchen, adding to its versatility and potential revenue streams. The gas station features eight fuel pumps, providing ample service capacity for a large volume of customers. The property also includes a generous parking area, enhancing customer convenience and accessibility. This turnkey operation is being sold "as is," with the seller making no repairs. The asking price is $350,000. This presents a rare chance to acquire a well-established business in a high-demand location with significant growth potential. The property's strategic location, coupled with its existing infrastructure and operational capabilities, makes it an ideal investment for experienced entrepreneurs seeking a profitable venture in a thriving market. Serious inquiries are encouraged to explore this exceptional opportunity further. All information provided is deemed reliable but not guaranteed and should be independently verified.

    Property Features for 1701 Lee St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,686 SF
    Lot Size
    23,087 SF

    Building Details

    Year Built
    2005
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    ATM Auto Repair Shop HMOUD MART INC. ... Convenience Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Alexandria
    County
    Rapides
    State
    Louisiana
    Longitude
    -92.45103
    Latitude
    31.30171

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic corner lot, lucrative potential.
    Where is this commercial real estate located?
    The property is located at 1701 Lee St Alexandria, LA.
    What is the asking price?
    The asking price for this property is $350,000.
    (318) 442-9890
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    1701 Lee St Alexandria, LA 71301
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    Alexandria, LA 71301
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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
    1701 Lee St Alexandria, LA 71301
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