7974 Highway 1 Mansura, LA 71350
This exceptional 20,880-square-foot retail property, located at 7974 Highway 1 in Mansura, Louisiana, presents a unique investment opportunity. Completely renovated in 2023, this single-story building sits on a 2.86-acre lot in Avoyelles Parish and offers flexible space options. Currently fully vacant, the property is divisible into spaces as small as 7,320 square feet, with the potential to lease the entire 20,880 square feet contiguously. The property's recent transformation from a former bowling alley into a multi-tenant center provides a modern and adaptable layout. The building features a 13,560-square-foot space previously occupied by a gymnastics studio and a 7,320-square-foot space previously occupied by a fitness center. Its strategic location on Highway 1 ensures high visibility and accessibility, complemented by ample parking. The property's adaptability makes it suitable for a variety of uses, including fitness centers, medical facilities, automotive showrooms, or potentially even light industrial tenants. This is a rare opportunity to acquire a newly renovated, high-visibility retail center in a growing Louisiana market. The property's size, location, and recent renovations make it an attractive option for businesses seeking a prominent presence in the Mansura area. Contact us today to learn more about this exceptional property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.