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Property profile & analytics
OFF-MARKET
Commercial real estate

1802 Madison Ave Bastrop, LA 71220-4033

4,125 SF Built 1990
Individually Owned Absentee Owner Free & Clear
Property ID
US36-1980330
Property summary
AI-generated overview

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 profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1990
Total area 4,125 SF
APN 200007250
UPID US36-1980330
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
  • B & B Carpet Carpet & Flooring Store
  • Chase Tires (Bike/Boat/Book/etc) Store Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
BARRY ANDERS
BARRY ANDERS
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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