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    18284 Highway 190 Reeves, LA 70658

    For Lease
    $9 SF/Yr ($7,940 /Mo)

    High-visibility retail space, 10,587 sq ft.

    Lot size:
    10,587 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional retail opportunity presents a 10,587-square-foot single-tenant building situated on a 0.82-acre lot in Reeves, Louisiana. The property, located at 18284 Highway 190, boasts a prime location along a heavily trafficked corridor, just west of the intersection of Highways 165 and 190, ensuring maximum visibility and accessibility for potential businesses. The building is a one-story structure of newer construction, previously occupied by a Family Dollar/Dollar Tree store. The entire 10,587 square feet is currently vacant and available for lease. This presents a unique chance for local or regional businesses seeking a prominent storefront in a high-traffic area. The property is located in Allen Parish, Louisiana, with a zip code of 70658. All sublease terms are subject to the approval of the master landlord. This property offers significant potential for a variety of retail uses, capitalizing on its excellent location and substantial square footage. The site's visibility and accessibility make it an ideal location for businesses seeking to establish a strong presence in the Reeves community. Interested parties should be prepared to submit proposals outlining their intended use and lease terms.

    Property Features for 18284 Highway 190

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,587 SF
    Total Rate
    7940.25

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Available space
    Size
    10,587 SF
    Rate per SF
    $9

    HighLights

    • 10,587 SF single‑tenant retail building on a 0.82‑acre lot in Reeves, LA.
    • Prime location on Highway 190, near the intersection of Highways 165 and 190, offering high visibility and accessibility.
    • Recently vacated Family Dollar/Dollar Tree; entire space available for lease.
    • Located in Allen Parish, LA, zip code 70658.
    • Sublease terms subject to landlord approval.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Hair Salon Nail Salon Realty agency Spa & Massage

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

    Location Insight

    • Map
    • Local Demand
    City
    Reeves
    County
    Allen Parish
    State
    Louisiana
    Longitude
    -93.0461837
    Latitude
    30.519718

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    FAQs

    What type of property is this?
    Retail property - High-visibility retail space, 10,587 sq ft.
    Where is this retail property located?
    The property is located at 18284 Highway 190 Reeves, LA.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: 10,587 SF single-tenant retail building on a 0.82-acre lot in Reeves, LA.; Prime location on Highway 190, near the intersection of Highways 165 and 190, offering high visibility and accessibility.; Recently vacated Family Dollar/Dollar Tree; entire space available for lease.
    Request Owner's contact information
    18284 Highway 190 Reeves, LA 70658
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    Reeves, LA 70658
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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
    18284 Highway 190 Reeves, LA 70658
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