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    525 Avenue V Bogalusa, LA 70427

    For Sale
    $199,000

    19,005 SF Office, Owner/User Opportunity

    Property size:
    19,005 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 19,005-square-foot office building, located at 525 Avenue V in Bogalusa, Louisiana, presents a compelling owner-user or investment opportunity. The property, situated on a 0.83-acre lot, offers ample space for a variety of businesses. Built in 1975, the single-story building is classified as Class C and boasts 50 convenient surface parking spaces. The asking price is $199,000, translating to a price per square foot of $10.47. This represents a significant value proposition for businesses seeking a substantial footprint in a well-established location. The property's size and parking capacity provide flexibility for diverse operational needs. Its location in Bogalusa, Washington Parish, Louisiana, offers access to local amenities and a strong workforce. The address is 525 Avenue V, Bogalusa, LA 70427. This traditional office building presents a rare chance to acquire a substantial property at an attractive price point, making it an ideal choice for businesses seeking to establish or expand their operations in a strategic location. The property's features and location combine to create a compelling investment opportunity with significant potential for growth and return. Serious inquiries are encouraged to explore this unique offering further.

    Property Features for 525 Avenue V

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    19,005 SF
    Class
    C
    Lot Size
    36,155 SF

    Building Details

    Year Built
    1975
    Buildings
    1
    Stories
    1

    HighLights

    • 19,005 SF office building on a 0.83‑acre lot in Bogalusa, LA.
    • Class C building, built in 1975, with 50 surface parking spaces.
    • Asking price: $199,000 ($10.47/SF).
    • Owner‑user or investment opportunity in a well‑established location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Daily & Sunday News Newspaper Publisher

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Bogalusa
    County
    Washington Parish
    State
    Louisiana
    Longitude
    -89.8552733
    Latitude
    30.7742265

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    FAQs

    What type of property is this?
    Office Property / Space - 19,005 SF Office, Owner/User Opportunity
    Where is this office property / space located?
    The property is located at 525 Avenue V Bogalusa, LA.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: 19,005 SF office building on a 0.83-acre lot in Bogalusa, LA.; Class C building, built in 1975, with 50 surface parking spaces.; Asking price: $199,000 ($10.47/SF).
    Request Owner's contact information
    525 Avenue V Bogalusa, LA 70427
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    Bogalusa, LA 70427
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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
    525 Avenue V Bogalusa, LA 70427
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