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Property profile & analytics
OFF-MARKET
Commercial real estate

618 Washington St Bastrop, LA 71220-5035

3,184 SF Built 1992
Entity Owned 18-yr Hold Free & Clear
Property ID
US36-2210270
Property summary
AI-generated overview

This exceptional 3,178 square foot commercial office building is ideally situated in Bastrop, Louisiana, at 618 S WASHINGTON STREET. Previously utilized as a medical practice, this property boasts a versatile layout perfect for a variety of professional uses. The spacious floor plan includes a welcoming lobby/reception area, creating an immediate positive impression for clients and visitors. Four well-appointed exam rooms, two private offices, and six individual bathrooms provide ample space for staff and clients alike. A dedicated break room offers a comfortable space for employees to relax, and a large filing room ensures efficient document management. The building also features the convenience of ample on-site parking, eliminating parking hassles for both staff and clients. The property is offered at $275,000 and presents a significant opportunity for businesses seeking a well-maintained, functional space in a desirable location. Its previous use as a doctor's office suggests the potential for continued use in the healthcare sector, but its adaptable layout makes it suitable for a wide range of professional services. The building's size, amenities, and parking make it an attractive option for businesses seeking to establish or expand their presence in Bastrop. Don't miss this chance to acquire a valuable commercial property in a thriving community. Schedule a viewing today.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1992
Total area 3,184 SF
APN 200538925
UPID US36-2210270
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
Current use
Occupant on record · Public records
  • Lynn Milliman Physician
  • Rutz Jr Joseph a MD Physician
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
Mcdonald Properties Of Bastrop, LLC · 18 yrs held
Mcdonald Properties Of Bastrop, LLC
since 2008
1 recorded transaction
2008
$273,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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