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    1190 Arkansas St Springhill, LA 71075

    For Sale
    $1,400,000

    15,000 SF Vacant Retail Space - $1.4M

    Property size:
    15,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 15,000-square-foot retail property, located at 1190 S Arkansas St in Springhill, Louisiana, presents a significant investment opportunity. Currently vacant, this convenience store offers substantial potential for a new owner to establish or relocate their business. The asking price is $1,400,000, translating to a price per square foot of $93.33. Situated in Webster Parish, Louisiana, with zip code 71075, this property boasts a highly visible street-front location, ideal for attracting a large customer base. The expansive square footage provides ample space for a variety of retail uses, allowing for flexibility in layout and design to suit specific business needs. The property's location within Springhill offers access to a well-established community, providing a ready-made market for a thriving retail operation. This is a rare opportunity to acquire a large, vacant retail space in a desirable location, ready for immediate occupancy and customization. The property is zoned for retail use and is ready for immediate development. Serious inquiries are encouraged to explore this lucrative investment prospect. The property's coordinates are 32.99113871779355 latitude and -93.46230816825779 longitude.

    Property Features for 1190 Arkansas St

    General Information

    Property type
    Individual retail properties
    Square Feet
    15,000 SF

    HighLights

    • $1,400,000 asking price for this vacant retail property.
    • 15,000 square foot convenience store.
    • Located at 1190 S Arkansas St, Springhill, LA 71075.
    • $93.33 per square foot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Springhill Family Pharmacy Pharmacy

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Springhill
    County
    Webster Parish
    State
    Louisiana
    Longitude
    -93.462308168258
    Latitude
    32.991138717794

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    FAQs

    What type of property is this?
    Individual retail property - 15,000 SF Vacant Retail Space - $1.4M
    Where is this individual retail property located?
    The property is located at 1190 Arkansas St Springhill, LA.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: $1,400,000 asking price for this vacant retail property.; 15,000 square foot convenience store.; Located at 1190 S Arkansas St, Springhill, LA 71075.
    Request Owner's contact information
    1190 Arkansas St Springhill, LA 71075
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    Springhill, LA 71075
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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
    1190 Arkansas St Springhill, LA 71075
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