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Property profile

25073 La-1 Plaquemine, LA 70764

OFF-MARKET
Medical Office Space
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Property summary

AI-generated overview

This exceptional medical office building, located at 25073 LA-1 in Plaquemine, Louisiana, presents a unique investment opportunity at an asking price of $475,000. The property boasts a prime location with excellent highway visibility on Hwy 1, ensuring high traffic and brand recognition. The building comprises three distinct suites, offering flexibility for various uses. The largest suite, spanning 3800 square feet, is a fully furnished medical office, complete with a spacious waiting area, seven examination rooms, a conference room, a break room, and individual offices. This turnkey setup is ideal for immediate occupancy. Two additional 1800 square foot suites provide further expansion potential. One previously served as a pharmacy, while the other is ready for build-out to suit a tenant's specific needs. Ample parking is provided with a 22-space lot. The property's versatile design allows for a variety of uses, including medical, office, or even light industrial applications. Its strategic location in Iberville Parish, Louisiana, zip code 70764, offers easy access to the surrounding community and major transportation routes. This property represents a compelling investment opportunity for those seeking a well-established, adaptable commercial space with significant potential for growth and return. The building's prominent highway signage ensures maximum visibility and brand exposure.

Property profile

Verified
Property type Medical Office Space

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

25073 La-1 Plaquemine, LA 70764
Plaquemine metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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