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    18564 Magnolia Brg Rd Central, LA 70739
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    18564 Magnolia Brg Rd, Central, LA 70739

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    • Lifestyle centers
    • 17,668 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Isalis / (Bike/Boat/Book/etc) Store
    • Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
    • Skunk Funk / Big Box & Wholesale Store
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store

    Property Details for 18564 Magnolia Brg Rd

    Property type
    Lifestyle centers
    Property subtype
    Power centers

    Description

    This exceptional retail opportunity is located at 18564 Magnolia Bridge Rd, Central, LA 70739. The property, identified by APN 1745840, is a well-established shopping center totaling 17,668 square feet. Currently, there are three available retail spaces ranging in size from 1,166 square feet to 2,524 square feet, perfect for a variety of businesses. The center boasts a strong tenant mix of established businesses, creating a vibrant and successful commercial environment. Its ideal location at the signalized intersection of Magnolia Bridge Road and Greenwell Springs Road in Greenwell Springs ensures high visibility and accessibility for customers. The property is classified as a multi-tenant retail shopping center, offering a diverse and thriving commercial atmosphere. This prime location in Central, Louisiana presents a unique opportunity for businesses seeking high traffic and a strong customer base. The property's size and layout provide flexibility for various retail concepts. This is an excellent investment opportunity in a rapidly growing area. The property's strategic location and established tenant mix make it an attractive option for businesses looking to establish or expand their presence in the Central, Louisiana market. Serious inquiries are encouraged to explore this exceptional retail space.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Central
    County
    State
    Louisiana
    Longitude
    -90.9888
    Latitude
    30.5344

    Comparable in this City

    • Value Estimation by Request
      9,440 SF

      22801 Greenwell Springs Rd

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      22801 Greenwell Springs Rd, Central, LA 70739
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      195,678 SF

      14123 Greenwell Springs Rd

      Lifestyle centers
      14123 Greenwell Springs Rd, Central, LA 70739
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      2,538 SF

      17122 Greenwell Springs Rd

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      17122 Greenwell Springs Rd, Central, LA 70739
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      11,879 SF

      17070 Greenwell Springs Rd

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      17070 Greenwell Springs Rd, Central, LA 70739
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    • Value Estimation by Request
      1.18 Acres

      9797 Greenwell Springs Rd

      Individual retail properties
      9797 Greenwell Springs Rd, Central, LA 70739
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    • Value Estimation by Request
      1.36 Acres

      22755 Greenwell Springs Rd

      Land
      22755 Greenwell Springs Rd, Central, LA 70739
      View Details

    Similar Nearby for Sale

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      2,538 SF

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      Retail Strip Center For Sale

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      Retail Center in Central

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      1.16 acre corner lot suitable for gas station.
      18737 Magnolia Bridge Rd, Greenwell Springs, LA 70739
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      11,000 SF

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    Similar Nearby for Lease

    • $8 SF/Yr
      17,770 SF

      River Crossing Shopping Center

      Central LA Retail Space - 12,624 SF Available
      18564 Magnolia Brg Rd, Central, LA 70739
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      Retail Space in River Crossing

      Retail space available in established River Crossing shopping center.
      18564 Magnolia Bridge Rd, Central, LA 70739
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      Central LA Strip Center

      Renovated strip center in Central, LA with high visibility.
      6647 Sullivan Rd, Central, LA 70739
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      New Retail/Office Space Available

      New construction retail/office space with build-to-suit options and drive-thru.
      18448 Magnolia Bridge Rd, Greenwell Springs, LA 70739
      View Details
    • Contact for pricing

      Freestanding Building on Greenwell Springs Road

      6,000 SF freestanding building with showroom and office space.
      15151 Greenwell Springs Rd, Central, LA 70739
      View Details
    • Contact for pricing
      2,524 SF

      Magnolia Bridge Retail Space Available

      Retail and restaurant spaces available at Magnolia Bridge and Greenwell.
      18564 Magnolia Bridge Rd, Greenwell Springs, LA 70739
      View Details
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    Central, LA 70739
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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    18564 Magnolia Brg Rd, Central, LA, 70739
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