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    412 Avenue B Bogalusa, LA 70427

    Sponsored
    For Lease
    $9 SF/Yr ($15,000 /Mo)

    Versatile retail space, ample parking, high visibility.

    Lot size:
    20,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional retail property, located on Avenue B and boasting excellent visibility, offers up to 20,000 square feet of flexible space. Currently entirely vacant, this Class B building presents a unique opportunity for a single tenant or multiple occupants. The property features three suites, with a minimum divisible space of 8,500 square feet and a maximum contiguous space of 20,000 square feet. Built in 1990, the building sits on 1.2 acres of land and includes 65 parking spaces, ensuring ample convenience for customers and employees. The zoning is Commercial, allowing for a wide range of retail uses. The property benefits from a corner location and offers convenient rear access. A former family dollar store, the space is adaptable to various retail concepts, including furniture stores, thrift shops, or churches. An adjacent former Sears Hometown store offers the potential for expansion, increasing the total available space to a combined 21,682 square feet. This prime location, combined with its size and parking, makes this an ideal opportunity for a business seeking high visibility and ample space in a thriving commercial area. The cross street is W 4th Street.

    Property Features for 412 Avenue B

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,000 SF
    Class
    B
    Total Rate
    15000

    Building Details

    Year Built
    1990

    Unit(s) available at that property

    Space
    Former sears hometown store
    Size
    7,000 SF
    Rate per SF
    $9
    Space
    Former family Dollar
    Size
    8,256 SF
    Rate per SF
    $9

    HighLights

    • 20,000 square foot retail building with three suites available for lease.
    • Minimum divisible space of 8,500 square feet, with a maximum contiguous space of 20,000 square feet.
    • Entire building (20,000 SF) currently vacant.
    • Located on Avenue B, with cross street access to W 4th Street.
    • 1.2 acres of land, 65 parking spaces, Class B construction, built in 1990.
    • Zoned Commercial.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neilson Robert a CPA Tax Preparation Service Bogalusa Family Practice Medical Clinic

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Bogalusa
    County
    Washington
    State
    Louisiana
    Longitude
    -89.8651994
    Latitude
    30.7782944

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    FAQs

    What type of property is this?
    Retail property - Versatile retail space, ample parking, high visibility.
    Where is this retail property located?
    The property is located at 412 Avenue B Bogalusa, LA.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: 20,000 square foot retail building with three suites available for lease.; Minimum divisible space of 8,500 square feet, with a maximum contiguous space of 20,000 square feet.; Entire building (20,000 SF) currently vacant.
    Request Owner's contact information
    412 Avenue B Bogalusa, LA 70427
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    Bogalusa, LA 70427
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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
    412 Avenue B Bogalusa, LA 70427
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