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    904 13Th St Alexandria, LA 71301

    Sponsored
    For Sale
    $235,000

    Updated Office Building, Strong Tenant

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property, located at 904 13TH Street in Alexandria, Louisiana, presents a compelling investment opportunity. Priced at $235,000, this special purpose property is classified as commercial land and features a recently updated office building. The building boasts a spacious lobby and waiting area, perfect for creating a positive first impression. Ten individual offices provide ample space for employees or tenants, complemented by a dedicated conference room for meetings and presentations. A well-equipped kitchen and a convenient storage room add to the functionality of the space. Currently, a long-term tenant occupies the building, with a lease agreement extending for two more years. Detailed lease information and rent rolls are available for review upon request, providing potential investors with a clear understanding of the property's income potential. The property's address is 904 13TH Street, Alexandria, LA 71301, situated in Rapides County. This presents a rare chance to acquire a well-maintained, income-generating commercial property in a desirable location. The property's coordinates are 31.3059296 latitude and -92.4514891 longitude. Serious inquiries are encouraged.

    Property Features for 904 13Th St

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    COPE INC., TRIO ... Corporate Office

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Alexandria
    County
    Rapides
    State
    Louisiana
    Longitude
    -92.4514891
    Latitude
    31.3059296

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    FAQs

    What type of property is this?
    Land - Updated Office Building, Strong Tenant
    Where is this land located?
    The property is located at 904 13Th St Alexandria, LA.
    What is the asking price?
    The asking price for this property is $235,000.
    Request Owner's contact information
    904 13Th St Alexandria, LA 71301
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    Alexandria, LA 71301
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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
    904 13Th St Alexandria, LA 71301
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