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    4884 La-1 Raceland, LA 70394

    For Lease
    $14 SF/Yr ($5,120 /Mo)

    Prime retail space, flexible layouts available.

    Lot size:
    4,389 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional retail opportunity is located in a bustling Raceland, Louisiana shopping center at 4884 LA-1, zip code 70394. The property, APN 0041279550, offers a total of 4,389 square feet, with 2,926 square feet currently vacant and available for lease. The space is adaptable to various retail uses, previously serving as a medical office. The minimum leasable space is 1,463 square feet, while the maximum contiguous space available is 2,926 square feet. This makes it ideal for a single tenant seeking a larger footprint or multiple tenants requiring smaller spaces. The layout features individual offices, making it particularly well-suited for businesses requiring private work areas. A significant advantage for prospective tenants is the landlord's willingness to offer a tenant improvement allowance for qualified applicants and favorable lease terms. This presents a unique chance to customize the space to perfectly match your business needs. The property's location within a busy shopping center ensures high visibility and foot traffic, providing excellent potential for business growth. Consider this space for your next retail venture. Inquire today to learn more about lease terms and tenant improvement options.

    Property Features for 4884 La-1

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,389 SF
    Total Rate
    5120.5

    Unit(s) available at that property

    Space
    Freestanding Space
    Size
    1,200 SF
    Rate per SF
    $14

    HighLights

    • 4,389 SF retail space available for lease in Raceland, LA (70394).
    • 2,926 SF immediately available, minimum lease 1,463 SF.
    • Adaptable space, previously a medical office; ideal for single or multiple tenants.
    • High visibility location in a busy shopping center.
    • Tenant improvement allowance and favorable lease terms available for qualified tenants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Raceland
    County
    Lafourche
    State
    Louisiana
    Longitude
    -90.5508791
    Latitude
    29.6913491

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    FAQs

    What type of property is this?
    Retail property - Prime retail space, flexible layouts available.
    Where is this retail property located?
    The property is located at 4884 La-1 Raceland, LA.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: 4,389 SF retail space available for lease in Raceland, LA (70394).; 2,926 SF immediately available, minimum lease 1,463 SF.; Adaptable space, previously a medical office; ideal for single or multiple tenants.
    Request Owner's contact information
    4884 La-1 Raceland, LA 70394
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    Raceland, LA 70394
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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
    4884 La-1 Raceland, LA 70394
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