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    1059 Highway 107 Brouillette, LA 71331

    Sponsored
    For Lease
    $7 SF/Yr ($6,147 /Mo)

    Prime Avoyelles Parish Retail Space

    Lot size:
    10,538 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 10,538-square-foot freestanding retail building presents a unique investment opportunity in Effie, Louisiana. Situated on a 1.33-acre lot at 1059 Highway 107, this single-story structure boasts excellent visibility and accessibility along a well-traveled corridor in Avoyelles Parish. The property is currently vacant and features a modern design, previously occupied by a Family Dollar/Dollar Tree store. Its location within the Center Point community offers strong potential for a variety of retail uses. The building's newer construction ensures minimal deferred maintenance, providing immediate occupancy for a new tenant. The ample lot size provides ample parking and potential for future expansion. This property is ideal for a local or regional retailer seeking a high-traffic location in a growing area. Any sublease terms are contingent upon the master landlord's approval. The property is located in Avoyelles Parish, Louisiana, with a zip code of 71331. This is a rare chance to acquire a well-situated, ready-to-occupy retail space in a desirable market. The property's size and location make it an attractive option for businesses seeking to establish or expand their presence in the area. This prime retail space offers significant potential for growth and profitability.

    Property Features for 1059 Highway 107

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,538 SF
    Total Rate
    6147.17

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space
    Size
    10,538 SF
    Rate per SF
    $7

    HighLights

    • 10,538 SF freestanding retail building in Effie, LA.
    • $7/SF gross rent.
    • Located on a 1.33‑acre lot at 1059 Highway 107.
    • Excellent visibility and accessibility.
    • Currently vacant, previously a Family Dollar/Dollar Tree.
    • Minimal deferred maintenance.
    Property Profile Location Intelligence

    Current Use by Public Records

    Freestanding property

    Suggested Use

    Wholesale Shop Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Brouillette
    County
    Avoyelles Parish
    State
    Louisiana
    Longitude
    -92.0469151
    Latitude
    31.2692973

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    FAQs

    What type of property is this?
    Individual retail property - Prime Avoyelles Parish Retail Space
    Where is this individual retail property located?
    The property is located at 1059 Highway 107 Brouillette, LA.
    What is the lease rate?
    The lease rate is $7 SF/Yr.
    What are key features of this property?
    This property features: 10,538 SF freestanding retail building in Effie, LA.; $7/SF gross rent.; Located on a 1.33-acre lot at 1059 Highway 107.
    Request Owner's contact information
    1059 Highway 107 Brouillette, LA 71331
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    Brouillette, LA 71331
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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
    1059 Highway 107 Brouillette, LA 71331
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