Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    3401 Masonic Dr Alexandria, LA 71301

    For Sale
    Contact for pricing

    103,287 SF Big Box, High Traffic

    Property size:
    103,287 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 103,287 square foot retail storefront, built in 1973 and renovated the same year, presents a unique investment opportunity in Alexandria, Louisiana. Located at 3401 Masonic Dr, 71301, this single-building property sits on a prominent 10-acre lot at the hard corner of Masonic Drive and Memorial Drive, offering unparalleled visibility and accessibility. The property's strategic location within the Alexandria Mall complex benefits from the mall's high foot traffic

    Property Features for 3401 Masonic Dr

    General Information

    Property type
    Individual retail properties
    Square Feet
    103,287 SF
    Lot Size
    435,600 SF

    Building Details

    Year Built/Renovated
    1973/1973
    Buildings
    1

    HighLights

    • High‑visibility corner location at Masonic Dr and Memorial Dr.
    • Alexandria Mall enjoys significantly higher‑than‑average foot traffic.
    • Highly adaptable space suitable for single or multi‑tenant occupancy.
    • Excellent co‑tenancy with major retailers including Albertsons, Target, and Kroger.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sears Appliance Repair Appliance Repair Service All About Hearing ... Medical Clinic

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Alexandria
    County
    Rapides Parish
    State
    Louisiana
    Longitude
    -92.4618054
    Latitude
    31.2793863

    Nearby Similar for Sale

    • $325,000
      3,315 SF

      Alexandria Fourplex: Investment Opportunity

      Well-kept fourplex in convenient location, generating $3250 monthly income.
      2027 Jackson Street Ext, Alexandria, LA 71301
      View Details
    • $240,000
      4,091 SF

      Alexandria Duplex For Sale

      Fully occupied duplex property in Alexandria, Louisiana.
      3462 Halsey St, Alexandria, LA 71301
      View Details
    • $280,000
      7,102 SF

      High-Traffic Corner Commercial Property

      Versatile commercial building on a busy corner, ready for new business.
      2512 3Rd St, Alexandria, LA 71302
      View Details
    • $125,000
      4,230 SF

      Alexandria Multifamily Investment Opportunity

      Multiple units for sale, generating $2000 monthly rental income.
      1827 Monroe St, Alexandria, LA 71301
      View Details
    • $32,000
      1,800 SF

      Updated Duplex in Alexandria, LA

      Recently updated duplex, generating $700 monthly income, ideal for investors.
      1827 Monroe St, Alexandria, LA 71301
      View Details
    • $130,000
      1,050 SF

      Commercial Property on MacArthur Drive

      Commercial property on 0.3 acres with high visibility and access.
      5120 Leo St, Alexandria, LA 71301
      View Details

    FAQs

    What type of property is this?
    Individual retail property - 103,287 SF Big Box, High Traffic
    Where is this individual retail property located?
    The property is located at 3401 Masonic Dr Alexandria, LA.
    What are key features of this property?
    This property features: High-visibility corner location at Masonic Dr and Memorial Dr.; Alexandria Mall enjoys significantly higher-than-average foot traffic.; Highly adaptable space suitable for single or multi-tenant occupancy.
    Request Owner's contact information
    3401 Masonic Dr Alexandria, LA 71301
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3401 Masonic Dr
    Alexandria, LA 71301
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    3401 Masonic Dr Alexandria, LA 71301
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.