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    105 8Th St Reserve, LA 70084

    For Lease
    Contact for pricing

    5,210 sq ft Retail Space, High Traffic Area

    Lot size:
    5,210 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This 5,210 square foot freestanding commercial building, formerly a bank, is located at 105 W 8th St in Reserve, LA, on a 0.53-acre lot. The single-story building, constructed in 1950, offers 30 parking spaces and a drive-thru, ideal for a variety of retail businesses. Its prime location boasts high visibility with a pylon sign, benefiting from strong traffic counts on W 8th St (343 vehicles per day) and LA 44 (5,495 vehicles per day). The property is situated in a thriving commercial area near Gregg's Neighborhood Market, O'Reilly Auto Parts, and Rotolio's Pizzeria. The building is zoned for commercial use and all utilities (water, sewer, gas, and electric) are available. The surrounding area offers a strong demographic profile, with a population of 21,022 and an average household income of $82,801 within a 5-mile radius. This presents a unique opportunity for businesses seeking high visibility and access to a robust customer base. The property's convenient features and strategic location make it an excellent investment or business opportunity with significant growth potential.

    Property Features for 105 8Th St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,210 SF

    Building Details

    Year Built
    1950
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    5,210 SF

    HighLights

    • Freestanding former bank building with drive‑thru.
    • 5,210 sq. ft. building on a 0.53‑acre lot.
    • 30 parking spaces.
    • Pylon sign for high visibility.
    • Located at 105 W 8th St, Reserve, LA, in a thriving commercial area.
    • Near Gregg's, O'Reilly Auto Parts, and Rotolio's.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Banks

    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
    Reserve
    County
    St. John The Baptist
    State
    Louisiana
    Longitude
    -90.5618681
    Latitude
    30.05508

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    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Individual retail property - 5,210 sq ft Retail Space, High Traffic Area
    Where is this individual retail property located?
    The property is located at 105 8Th St Reserve, LA.
    What are key features of this property?
    This property features: Freestanding former bank building with drive-thru.; 5,210 sq. ft. building on a 0.53-acre lot.; 30 parking spaces.
    Request Owner's contact information
    105 8Th St Reserve, LA 70084
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    Reserve, LA 70084
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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
    105 8Th St Reserve, LA 70084
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