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    1802 Madison Ave Bastrop, LA 71220

    Sponsored
    For Sale
    $199,999

    High-traffic retail space, ample parking.

    Property size:
    4,218 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional 4,218 square foot retail property is ideally situated on a 0.28-acre lot in the bustling commercial heart of Bastrop, Louisiana, at 1802 E Madison Avenue. Its prime location offers unparalleled visibility and accessibility, nestled alongside established businesses including a fitness center, Taco Bell, Sonic, Ivan Smith, banks, and Johnny's. The building boasts a substantial 16-car parking area, potentially accommodating even more vehicles. The durable metal roof ensures long-term protection, and the interior offers versatile space that could easily be configured into multiple rental units or office spaces, allowing for diverse business opportunities. The property features a modern central heating and air conditioning system, less than five years old, ensuring year-round comfort. Impressive 12 to 14-foot ceilings add to the spacious feel, and double front doors provide a grand entrance. This property presents a rare opportunity to acquire a well-maintained, high-traffic retail space in a thriving commercial area. Its adaptable layout and excellent location make it an ideal investment for a variety of businesses seeking a prominent presence in Bastrop. The potential for growth and profitability is significant, making this a truly exceptional commercial offering.

    Property Features for 1802 Madison Ave

    General Information

    Property type
    Retail properties
    Square Feet
    4,218 SF
    Lot Size
    12,197 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    B & B Carpet Carpet Store Chase Tires Tire Shop

    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
    Bastrop
    County
    MOREHOUSE
    State
    Louisiana
    Longitude
    -91.89282
    Latitude
    32.77878

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail space, ample parking.
    Where is this retail property located?
    The property is located at 1802 Madison Ave Bastrop, LA.
    What is the asking price?
    The asking price for this property is $199,999.
    (318) 362-0007
    Request Owner's contact information
    1802 Madison Ave Bastrop, LA 71220
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    Bastrop, LA 71220
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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
    1802 Madison Ave Bastrop, LA 71220
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