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    2385 S Macarthur Dr Alexandria, LA 71301

    For Sale
    Contact for pricing

    Multi-tenant retail center in high-traffic area near Alexandria Mall.

    Property size:
    11,660 SF

    Property Features for 2385 S Macarthur Dr

    General Information

    Size
    11,660 SF

    Source: Thaddyeus Dixon, CCIM Agent Thaddyeus Dixon, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Shopping Center Near Mall

    This multi-tenant, freestanding retail shopping center offers approximately 11,660 square feet of space in Alexandria, Louisiana. It is strategically located in a high-traffic area off U.S. Highway 71, approximately 0.5 miles from the Alexandria Mall entrance and across from Albertsons. The property is approximately 26.42% occupied, presenting a value-add opportunity through stabilization and vacancy absorption of the available units. Lease rates are estimated at $12 per square foot annually. The location benefits from high traffic volume, with over 30,000 vehicles per day on U.S. Highway 71. The property is also located minutes from LSUA.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Strickland Roy DC Chiropractor Vexus Fiber Internet Service Provider Lendmark Financial Services ... Loan Agency Defense Tax Group ... Tax Preparation Service

    Suggested Use

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

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

    Similar Places Nearby

    Alexandria Mall, Metro Shopping Plaza, Coinstar Kiosk - Bitcoin ATM, Coin Cloud Bitcoin ATM, Alexandria Power Center

    Location Insight

    • Map
    • Local Demand
    City
    Alexandria
    County
    Rapides
    State
    Louisiana
    Longitude
    -92.462687
    Latitude
    31.271613

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    FAQs

    What type of property is this?
    Shopping center - Multi-tenant retail center in high-traffic area near Alexandria Mall.
    Where is this shopping center located?
    The property is located at 2385 S Macarthur Dr Alexandria, LA.
    What are key features of this property?
    This property features: - High-traffic location off U.S. Hwy 71 with over 30,000 vehicles per day.; - Value-add opportunity through stabilization and vacancy absorption.; - ±11,660 SF multi-tenant retail shopping center.
    (318) 955-0078
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    2385 S Macarthur Dr 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
    2385 S Macarthur Dr Alexandria, LA 71301
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