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    2847 Lee St Alexandria, LA 71301

    For Sale
    $350,000

    High-traffic location, lucrative potential.

    Property size:
    1,920 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional investment opportunity presents a fully operational gas station ideally situated on a corner lot at 2847 LEE Street in Alexandria, Louisiana. The property boasts a substantial 1,920 square feet of building space on a 0.28-acre lot, ensuring ample room for operations and customer parking. The station features four gasoline pumps and one diesel pump, catering to a diverse range of fuel needs. A convenient kitchen area is included, adding potential for expansion into food service or other supplementary businesses. The high-traffic location at the intersection of two busy streets guarantees significant exposure and a steady stream of potential customers. This presents a compelling opportunity for investors seeking a proven, established business with immediate income potential. The property is being sold in its current "as is" condition, allowing for immediate ownership and the flexibility to implement future improvements or upgrades as desired. The asking price is $350,000. This is a rare chance to acquire a well-established commercial property in a thriving location. Serious inquiries are encouraged.

    Property Features for 2847 Lee St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,920 SF
    Lot Size
    12,197 SF

    Building Details

    Year Built
    1980
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sami's Food Mart Convenience Store Spirit Gas Station ATM Atm

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Gym & Fitness Clothing Store Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Alexandria
    County
    Rapides
    State
    Louisiana
    Longitude
    -92.45065
    Latitude
    31.28625

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, lucrative potential.
    Where is this commercial real estate located?
    The property is located at 2847 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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    2847 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
    2847 Lee St Alexandria, LA 71301
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