Mixed-Use Complex with Retail and
For Sale
Contact for pricing
9970 HIGHWAY 165, Sterlington, LA 71280
Highway-facing property combines commercial suites with attached-garage townhomes.
Property SizeContact for details
Days on Market142
Property Features for 9970 HIGHWAY 165
General Information
Standard status
Active
Property subtype
Retail
Occupancy
100%
Net Operating Income
$137,941
Financials
Asking Price
$1,672,000
Cap Rate
8.25%
Building Details
Year Built
2021
Buildings
2
Tenancy
Multi
Listing Agency:
Coldwell Banker Group One Realty
(318) 355-7000
Listed By:
Dathan Phillips · License #LA
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 31 at 3:18AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Group One Realty
Investment Insights
Based on property information with market context.
Completed in 2021, this mixed-use complex combines four retail or commercial spaces with a separate residential building containing four townhomes. The commercial suites were completed according to individual tenant specifications, while the townhomes feature private attached three-car garages and upgraded finishes, including solid wood flooring, vaulted ceilings, and stainless-steel appliances.
The property occupies over a half acre along Highway 165 in Sterlington, Louisiana, with highway frontage and a location near Southern Grocery. The complex is fully occupied and provides a blended commercial and residential configuration. The property carries an 8.25% cap rate, offering a defined income-oriented profile for investors seeking a combination of retail space and attached residential units.
The property occupies over a half acre along Highway 165 in Sterlington, Louisiana, with highway frontage and a location near Southern Grocery. The complex is fully occupied and provides a blended commercial and residential configuration. The property carries an 8.25% cap rate, offering a defined income-oriented profile for investors seeking a combination of retail space and attached residential units.
Key Highlights
- Four retail or commercial spaces plus four townhomes
- Completed in 2021 on over a half acre
- Highway 165 frontage near Southern Grocery
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
60
Businesses Nearby
Explore this area
Business Placement
Demographics for 71280, LA
4,708
Population
2,280
Households
2.1
Avg Household Size
37
Median Age
25%
College-Educated
88%
High-School Grad
59.4 sq mi
ZIP Area
79
Density / Sq Mi
$75,768
Median Household Income
$47,789
Median Earnings
$1,043
Median Rent
$260,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Highway-facing property combines commercial suites with attached-garage townhomes.
Where is this mixed-use property located?
The property is located at 9970 HIGHWAY 165 Sterlington, LA.
What are key features of this property?
This property features: Four retail or commercial spaces plus four townhomes; Completed in 2021 on over a half acre; Highway 165 frontage near Southern Grocery
