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    1508 La-22 Madisonville, LA 70447

    For Lease
    $30 SF/Yr

    Upscale spaces, Hwy 22 location.

    Lot size:
    8,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This brand-new, 8,500-square-foot retail center in Madisonville, LA, offers multiple occupancy options, perfect for businesses seeking high visibility and convenient access. Located at 1508 LA-22, at the cross streets of Perrilloux Road, this prime location boasts exceptional visibility from Highway 22. The property features one building constructed in 2024, with ample parking (72 spaces) and the potential for expansion. Three spaces are currently available, ranging from 1,500 to 5,500 contiguous square feet, allowing for flexibility to accommodate various business needs. Units can be combined to create larger spaces up to 5,500 square feet. All units enjoy prominent highway frontage, maximizing exposure to the high volume of traffic. The HC-2 zoning ensures a wide range of permitted uses, including office, medical, and restaurant establishments. With over 15,000 new homes under construction in the area, this center is ideally positioned to capitalize on the burgeoning growth and high demand for retail and service businesses in Madisonville. The property is ready for immediate occupancy, allowing tenants to customize their space to perfectly suit their operational requirements. This is an exceptional opportunity to establish a thriving business in a rapidly developing community.

    Property Features for 1508 La-22

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,500 SF
    Total Rate
    21250

    Building Details

    Year Built
    2024
    Buildings
    1

    Unit(s) available at that property

    Space
    Suite 500
    Size
    2,500 SF
    Rate per SF
    $33
    Space
    Suite 400
    Size
    1,500 SF
    Rate per SF
    $32
    Space
    Suite 300
    Size
    1,500 SF
    Rate per SF
    $32
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Madisonville
    County
    Saint Tammany
    State
    Louisiana
    Longitude
    -90.203510905012
    Latitude
    30.431528591909

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    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Retail property - Upscale spaces, Hwy 22 location.
    Where is this retail property located?
    The property is located at 1508 La-22 Madisonville, LA.
    What is the lease rate?
    The lease rate is $32-$33 SF/Yr.
    Request Owner's contact information
    1508 La-22 Madisonville, LA 70447
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    Madisonville, LA 70447
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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
    1508 La-22 Madisonville, LA 70447
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