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    1011 Cooktown Rd Ruston, LA 71270

    Sponsored
    For Sale
    Contact for pricing

    Prime Retail/Office Space - 3,164 SF

    Property size:
    3,164 SF

    Description

    Added:
    Feb 12, 2025
    Days on Market:
    328
    This exceptional 3,164 square foot commercial property, situated on a 0.72-acre lot in Ruston, Louisiana, presents a unique investment opportunity. The building, previously a bank branch, is exceptionally well-maintained and boasts attractive landscaping. The property includes 14 parking spaces and three drive-thru lanes, making it ideal for a variety of uses. Its zoning allows for restaurant, retail, office, or medical operations; however, it cannot be used as a bank or insurance business. The location is highly desirable, with nearby businesses including Dillas, Smoothie King, Super 8 Hotel, Flying Burger, Take 5, and Chevron. Its proximity to Louisiana Tech University provides excellent access to a large student population and community. An additional approximately one-acre parcel of land adjacent to the property is also available for purchase, offering potential for expansion or development. This turnkey property is ready for immediate occupancy and offers significant potential for a savvy investor or business owner. The property address is 1011 Cooktown Rd, Ruston, LA 71270. The property is conveniently located in Lincoln Parish.

    Property Features for 1011 Cooktown Rd

    General Information

    Property type
    Restaurants
    Square Feet
    3,164 SF
    Lot Size
    31,363 SF

    HighLights

    • 3,164 SF building on a 0.72‑acre lot.
    • Adjacent 1‑acre parcel available.
    • 14 parking spaces with 3 drive‑thru lanes.
    • Previously a bank branch; well‑maintained and landscaped.
    • Strong surrounding businesses (Dillas, Smoothie King, etc.) and proximity to LA Tech University.
    • Suitable for restaurant, retail, office, or medical use; not suitable for bank or insurance.
    Property Profile Location Intelligence

    Current Use by Public Records

    Origin Bank Bank

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Ruston
    County
    Lincoln Parish
    State
    Louisiana
    Longitude
    -92.6531901
    Latitude
    32.5364056

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    FAQs

    What type of property is this?
    Restaurant - Prime Retail/Office Space - 3,164 SF
    Where is this restaurant located?
    The property is located at 1011 Cooktown Rd Ruston, LA.
    What are key features of this property?
    This property features: 3,164 SF building on a 0.72-acre lot.; Adjacent 1-acre parcel available.; 14 parking spaces with 3 drive-thru lanes.
    Request Owner's contact information
    1011 Cooktown Rd Ruston, LA 71270
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    Ruston, LA 71270
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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
    1011 Cooktown Rd Ruston, LA 71270
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