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    3812 3Rd St Alexandria, LA 71302

    Sponsored
    For Sale
    $695,000

    Profitable Turnkey Retail Opportunity in LA

    Property size:
    3,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a combined gas station and restaurant property located at 3812 3rd St, Alexandria, LA 71302. The property boasts a total of 3,500 square feet of space, spread across two single-story buildings situated on a generous 1.58-acre lot (APN: 2400234055000101). The gas station is currently leased, providing a steady income stream. The restaurant is equipped and ready for immediate operation, offering the potential for owner-user occupancy or an additional lease agreement. This presents a unique dual-income potential. The property's location in Alexandria, Rapides Parish, Louisiana, offers excellent visibility and accessibility, making it an ideal location for a thriving business. The asking price for this turnkey retail investment is $695,000. This owner/user opportunity is a single-tenancy property, providing a streamlined management experience. The property's size and existing infrastructure make it a compelling investment for both seasoned and aspiring entrepreneurs seeking a profitable venture in a desirable Louisiana market. This is a rare chance to acquire a well-established business with significant growth potential. Don't miss this chance to own a piece of Alexandria's thriving commercial landscape.

    Property Features for 3812 3Rd St

    General Information

    Property type
    Restaurants
    Square Feet
    3,500 SF
    Lot Size
    68,825 SF

    Building Details

    Buildings
    2
    Stories
    1

    HighLights

    • 3,500 SF gas station and restaurant on 1.58‑acre lot in Alexandria, LA.
    • Currently leased gas station provides stable income.
    • Restaurant is move‑in ready for owner‑user or lease.
    • Excellent visibility and accessibility in a desirable location.
    • Asking price: $695,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Chi Town Gas ... Grocery Store

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Clothing Store Auto Repair Shop Gym & Fitness Auto Parts Store Bar & Pub Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Alexandria
    County
    Rapides Parish
    State
    Louisiana
    Longitude
    -92.4192375
    Latitude
    31.2932675

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    FAQs

    What type of property is this?
    Restaurant - Profitable Turnkey Retail Opportunity in LA
    Where is this restaurant located?
    The property is located at 3812 3Rd St Alexandria, LA.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: 3,500 SF gas station and restaurant on 1.58-acre lot in Alexandria, LA.; Currently leased gas station provides stable income.; Restaurant is move-in ready for owner-user or lease.
    Request Owner's contact information
    3812 3Rd St Alexandria, LA 71302
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    Alexandria, LA 71302
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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
    3812 3Rd St Alexandria, LA 71302
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