Listing Agency: KELLER WILLIAMS REALTY BAYOU P j***@guideyouhome.com Show Phone

Listed By: Jordan Parr · License #995708523 Show Phone

Source: Exitrealty

Added: Jan 8, 2025 Changed: Aug 8 Last Checked: Aug 11 at 7:38AM

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Investment Insights

Based on property information with market context.

This commercial building is situated along LA-1, near shops, stores, and a high school. The property features an open floor plan, allowing for customizable interior design. It includes a bathroom and an offset office space, which could serve as additional retail space. Two large windows face the highway, providing display opportunities. Constructed in the 1950s, the building offers a durable structure. The building is for sale, excluding the existing business and inventory. The property is suitable for various retail or commercial uses, given its highway frontage and proximity to local amenities.

Key Highlights

• Prime highway frontage location on LA‑1.
• Close proximity to shops, stores, and high school.
• Open floor plan allows for customizable interior design.

Property Analytics

Property Profile

Current Use

Storefront properties

Suggested Use

Top Pick Parking Lot & Garage Locksmith Bakery Grocery & Convenience Store (Bike/Boat/Book/etc) Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

273

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 70394, LA

13,932

Population

5,986

Households

2.3

Avg Household Size

40

Median Age

14%

College-Educated

79%

High-School Grad

83.7 sq mi

ZIP Area

166

Density / Sq Mi

$62,366

Median Household Income

$41,561

Median Earnings

$825

Median Rent

$183,700

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Storefront property - Retail building with highway frontage and flexible open floor plan.

Where is this storefront property located?

The property is located at 4948 Hwy 1 Raceland, LA.

What is the asking price?

The asking price for this property is $170,000.

What are key features of this property?

This property features: Prime highway frontage location on LA‑1.; Close proximity to shops, stores, and high school.; Open floor plan allows for customizable interior design.