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    319 Memphis St Bogalusa, LA 70427

    Sponsored
    For Sale
    $339,000

    High-traffic location, multiple income streams.

    Property size:
    5,392 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 5,392 square foot commercial property at 319 Memphis Street in Bogalusa, Louisiana, presents a unique investment opportunity. Currently, a portion of the building is occupied by Edward Jones Investments under a recently renewed five-year lease, providing immediate and stable rental income. The remaining 4,000 square feet offers significant flexibility. This expansive area can be utilized as a single large space, or easily subdivided to create two or more individual office suites, catering to a variety of business needs. The building's history includes use as a VA medical facility, resulting in existing ADA-compliant accessibility features throughout. A notable feature is the impressive conference room, ideal for board meetings or large gatherings. The spacious front lobby includes a glass-enclosed reception area, providing a professional and welcoming atmosphere for clients and visitors. This central Bogalusa location ensures high visibility and accessibility, making it an attractive proposition for a diverse range of commercial ventures. The property's adaptable layout and existing infrastructure make it a compelling investment opportunity with potential for significant return. The asking price is $339,000. This property is situated on a lot with no acreage listed.

    Property Features for 319 Memphis St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    5,392 SF

    Building Details

    Year Built
    1973
    Property Profile Location Intelligence

    Current Use by Public Records

    Briggs George D ... Doctor Valor Healthcare Doctor Edward Jones - Financial ... Investment Service Basco Contracting Dry Wall Contractor

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Bogalusa
    County
    Washington
    State
    Louisiana
    Longitude
    -89.8605
    Latitude
    30.78835

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, multiple income streams.
    Where is this commercial real estate located?
    The property is located at 319 Memphis St Bogalusa, LA.
    What is the asking price?
    The asking price for this property is $339,000.
    (985) 888-6860
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    319 Memphis St Bogalusa, LA 70427
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    Bogalusa, LA 70427
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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
    319 Memphis St Bogalusa, LA 70427
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