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    21508 Us-371 Cotton Valley, LA 71018

    Sponsored
    For Sale
    $70,000

    1,859 SF Commercial Building, $70K

    Property size:
    1,859 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 1,859-square-foot mixed-use building in Cotton Valley, Louisiana, presents a unique investment opportunity. Built in 1965, this single-story structure sits on a spacious lot offering ample parking and storage. Previously used as a gas station, market, deli, and retail space, the property boasts versatile open floor plans adaptable to various business needs. The adaptable layout could easily accommodate retail, a community market, or a restaurant. Some existing coolers and kitchen equipment remain, potentially reducing start-up costs for food service ventures. The property enjoys high visibility and foot traffic, making it an attractive location for a variety of businesses. The building's history and flexible design offer significant potential for a savvy investor seeking a profitable venture in a charming Louisiana town. The asking price is $70,000, with a price per square foot of $37.65. The property is located at 21508 US-371, Cotton Valley, LA 71018. The property could also be divided into two separate spaces.

    Property Features for 21508 Us-371

    General Information

    Property type
    Individual retail properties
    Square Feet
    1,859 SF

    Building Details

    Year Built
    1965
    Buildings
    1
    Stories
    1

    HighLights

    • Prime commercial property in Cotton Valley with a history as a gas station, market, and deli, now adaptable for various uses including a restaurant.
    • High visibility and foot traffic ensure strong potential for diverse businesses.
    • Flexible floor plan easily converts to retail, market, or restaurant space; may be divided into two units.
    • Existing coolers and some kitchen equipment included, reducing startup costs for food service businesses.
    • Ample parking and storage available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Cotton Valley
    County
    Webster Parish
    State
    Louisiana
    Longitude
    -93.4234848
    Latitude
    32.8173324

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    FAQs

    What type of property is this?
    Individual retail property - 1,859 SF Commercial Building, $70K
    Where is this individual retail property located?
    The property is located at 21508 Us-371 Cotton Valley, LA.
    What is the asking price?
    The asking price for this property is $70,000.
    What are key features of this property?
    This property features: Prime commercial property in Cotton Valley with a history as a gas station, market, and deli, now adaptable for various uses including a restaurant.; High visibility and foot traffic ensure strong potential for diverse businesses.; Flexible floor plan easily converts to retail, market, or restaurant space; may be divided into two units.
    Request Owner's contact information
    21508 Us-371 Cotton Valley, LA 71018
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    Cotton Valley, LA 71018
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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
    21508 Us-371 Cotton Valley, LA 71018
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