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    2486 Columbia St Bogalusa, LA 70427

    For Sale
    $1,000,000

    Established Nursery, 94,164 SF

    Property size:
    94,164 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 94,164 square foot retail property, situated on a 4.67-acre lot in Bogalusa, Louisiana, presents a unique investment opportunity. Currently operating as a thriving plant nursery for over 50 years, this single-story building boasts six functional greenhouses comprising 35 bays and all necessary infrastructure. Located on South Columbia Street, conveniently near Highway 21, this property offers excellent accessibility and visibility. The asking price of $1,000,000 equates to $10.62 per square foot, and is priced below a recent appraisal. This is a triple net (NNN) lease opportunity, ideal for an owner-user seeking to expand their existing plant nursery or growing operation, or for a savvy investor looking for a value-add real estate investment. The property is located within a designated Opportunity Zone, offering potential tax advantages. This established business, with its proven track record and prime location, represents a compelling investment prospect with significant upside potential. The property includes one building on a 4.67-acre parcel.

    Property Features for 2486 Columbia St

    General Information

    Property type
    Retail properties
    Square Feet
    94,164 SF
    Lot Size
    203,425 SF

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • $1,000,000 asking price for this 94,164 SF retail property.
    • Located in a designated Opportunity Zone.
    • Established plant nursery operating for over 50 years.
    • Priced below recent appraisal.
    • 4.67‑acre parcel with six greenhouses and supporting infrastructure.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Schilling Greenhouses Inc Greenhouse

    Suggested Use

    Restaurant Spa & Massage Hair Salon Nail Salon Auto Repair Shop Gym & Fitness Skin Care Clinic Hotel & Motel Bar & Pub Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Bogalusa
    County
    Washington Parish
    State
    Louisiana
    Longitude
    -89.84871352
    Latitude
    30.74400076

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    FAQs

    What type of property is this?
    Retail property - Established Nursery, 94,164 SF
    Where is this retail property located?
    The property is located at 2486 Columbia St Bogalusa, LA.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: $1,000,000 asking price for this 94,164 SF retail property.; Located in a designated Opportunity Zone.; Established plant nursery operating for over 50 years.
    (225) 926-4481
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    2486 Columbia St 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
    2486 Columbia St Bogalusa, LA 70427
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