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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

7974 Highway 1 Mansura, LA 71350

20,880 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Total area 20,880 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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