Property profile

1508 La-22 Madisonville, LA 70447

OFF-MARKET
Retail properties & Spaces
8,500 SF Built 2024
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Property summary

AI-generated overview

This brand-new, 8,500-square-foot retail center in Madisonville, LA, offers multiple occupancy options, perfect for businesses seeking high visibility and convenient access. Located at 1508 LA-22, at the cross streets of Perrilloux Road, this prime location boasts exceptional visibility from Highway 22. The property features one building constructed in 2024, with ample parking (72 spaces) and the potential for expansion. Three spaces are currently available, ranging from 1,500 to 5,500 contiguous square feet, allowing for flexibility to accommodate various business needs. Units can be combined to create larger spaces up to 5,500 square feet. All units enjoy prominent highway frontage, maximizing exposure to the high volume of traffic. The HC-2 zoning ensures a wide range of permitted uses, including office, medical, and restaurant establishments. With over 15,000 new homes under construction in the area, this center is ideally positioned to capitalize on the burgeoning growth and high demand for retail and service businesses in Madisonville. The property is ready for immediate occupancy, allowing tenants to customize their space to perfectly suit their operational requirements. This is an exceptional opportunity to establish a thriving business in a rapidly developing community.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2024
Total area 8,500 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1508 La-22 Madisonville, LA 70447
Madisonville metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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