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    304 Benedette St Rayville, LA 71269

    For Sale
    $85,000

    Historic Rayville Offices, Prime Location

    Property size:
    2,595 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional mixed-use property at 304 Benedette Street in Rayville, Louisiana presents a compelling investment opportunity. Spanning 2,595 square feet, this building boasts a rich history as the former home of The Richland Journal, a testament to its enduring presence in the community. Strategically situated in downtown Rayville, the property enjoys a highly visible location between the Richland Parish Courthouse and Highway 80, ensuring excellent accessibility and high foot traffic. The building currently comprises three separate office spaces, offering flexibility for a variety of uses. The asking price is $85,000. This represents a rare chance to acquire a piece of Rayville's history and capitalize on its prime downtown location. The property sits on a lot with no acreage listed, making it ideal for a variety of commercial ventures. Given its central location and historical significance, this property is well-suited for a range of businesses seeking a prominent presence in the heart of Rayville. Serious inquiries are encouraged to explore the potential of this unique investment opportunity. The property is ready for a new chapter, and the possibilities are numerous. Contact us to schedule a viewing and discover the potential of 304 Benedette Street.

    Property Features for 304 Benedette St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    2,595 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    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
    Rayville
    County
    RICHLAND
    State
    Louisiana
    Longitude
    -91.75943
    Latitude
    32.47745

    Nearby Comparable

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      Turnkey Restaurant Opportunity in Rayville

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    Nearby Similar for Sale

    • $560,000

      Rayville Medical Office Investment

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    • $1,900,000
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      Turnkey Restaurant Opportunity in Rayville

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    FAQs

    What type of property is this?
    Mixed-use property - Historic Rayville Offices, Prime Location
    Where is this mixed-use property located?
    The property is located at 304 Benedette St Rayville, LA.
    What is the asking price?
    The asking price for this property is $85,000.
    Request Owner's contact information
    304 Benedette St Rayville, LA 71269
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    Rayville, LA 71269
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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
    304 Benedette St Rayville, LA 71269
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