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    506 Highway 2 Sterlington, LA 71280

    Sponsored
    For Sale
    $335,000

    Established Business, High Income Potential

    Property size:
    7,202 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    342
    This exceptional mixed-use property at 506 Highway 2, Sterlington, LA, presents a lucrative investment opportunity. Spanning 1.28 acres, the 7,202 square foot building houses a thriving, turnkey self-storage business generating approximately $80,000 in annual gross potential income. The self-storage component includes a variety of unit sizes, offering climate-controlled options, outdoor units, and covered and uncovered spaces for RVs and boats. Security features include 24/7 surveillance and key-coded access, ensuring peace of mind for both owners and tenants. Beyond the self-storage operation, the property also boasts an established retail tenant and a sizable, vacant office/retail space, providing additional income streams or expansion possibilities. This versatile property is ideally situated in Sterlington, offering convenient access to major roadways and a strong local market. The existing infrastructure and established clientele provide a solid foundation for continued growth and profitability. This is a rare opportunity to acquire a cash-flowing, multi-faceted commercial property with significant upside potential. The property is priced at $335,000.

    Property Features for 506 Highway 2

    General Information

    Property type
    Mixed-use properties
    Square Feet
    7,202 SF
    Lot Size
    55,757 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Restaurant Building Supply Auto Repair Shop Auto Parts Store Department Store Garden Center Storage Facility Convenience Store Pawn Shop Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Sterlington
    County
    OUACHITA
    State
    Louisiana
    Longitude
    -92.144
    Latitude
    32.72419

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    FAQs

    What type of property is this?
    Mixed-use property - Established Business, High Income Potential
    Where is this mixed-use property located?
    The property is located at 506 Highway 2 Sterlington, LA.
    What is the asking price?
    The asking price for this property is $335,000.
    (318) 651-8000
    Request Owner's contact information
    506 Highway 2 Sterlington, LA 71280
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    506 Highway 2
    Sterlington, LA 71280
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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
    506 Highway 2 Sterlington, LA 71280
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