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Leased Specialty Property
For Sale
$325,000

4198 HIGHWAY 1, Raceland, LA 70394

Commercial Sale, Raceland, LA

Property Size5,500 SF
Lot Size0.59 Acres
Price / SF$59.09
Days on Market611

Property Features for 4198 HIGHWAY 1

General Information

Property type Commercial Sale
Property subtype Other
Parking features Covered
Lot features Additional Land Available, Dead End
Standard status Active
APN 0031152404
Size 5,500 SF
Lot size 0.59 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Description TRACT (215' X 120') COMMENCING AT POINT E, PROPERTY OF FLOYD GAUDET, BOUNDED NE BY LA. HWY.1, NW BY ROW, SE BY FLOYD GAUDET, SW BY NEAL J. HOHENSEE AND DON J. HOHENSEE.
Tax Annual Amount 6000
Legal Description TRACT (215' X 120') COMMENCING AT POINT E, PROPERTY OF FLOYD GAUDET, BOUNDED NE BY LA. HWY.1, NW BY ROW, SE BY FLOYD GAUDET, SW BY NEAL J. HOHENSEE AND DON J. HOHENSEE.

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1980
Building materials Brick
Roof type Composition
Listing Agency: KELLER WILLIAMS REALTY BAYOU P
Listed By: Lisa Braud · License #995691888
Added: Feb 20, 2025 Changed: Oct 23 Last Checked: Oct 24 at 12:06PM
MLS# 2025003130

Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

The 5,500-square-foot brick property was built in 1980 and sits on a 0.59-acre parcel. Central heating and air conditioning serve the building, with covered parking available. Public water and sewer are connected, and natural gas is available.

The property is at 4198 Highway 1 in Raceland, Louisiana. A three-year lease was signed in March 2026.

Key Highlights

  • 5,500‑square‑foot building on a 0.59‑acre parcel
  • Three‑year lease signed in March 2026
  • Brick construction; built in 1980

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Specialty properties

Suggested Use

Top Pick Building Supply Restaurant Auto Repair Shop Big Box & Wholesale Store Law Firm Auto Parts Store

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

70
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Specialty property - A three-year lease is in place, and the building has central heating and air conditioning.
Where is this specialty property located?
The property is located at 4198 HIGHWAY 1 Raceland, LA.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 5,500‑square‑foot building on a 0.59‑acre parcel; Three‑year lease signed in March 2026; Brick construction; built in 1980
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