Property profile

653 Madison Ave Bastrop, LA 71220

OFF-MARKET
Retail properties & Spaces
686 SF
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Property summary

AI-generated overview

This exceptional 686-square-foot retail space at 653 E Madison Avenue in Bastrop, Louisiana, presents a fantastic opportunity for businesses seeking a move or expansion. The suite boasts a mostly open floor plan, ideal for flexible layouts, complemented by private offices for focused work and additional storage for inventory or supplies. A single, ADA-compliant restroom ensures accessibility for all customers and employees. Recent renovations have resulted in an energy-efficient space, minimizing operational costs. Ample parking is available, enhanced by security lighting in both the parking lot and at the storefront, providing peace of mind for both staff and patrons. This property benefits from a strong tenant mix within the plaza, including Cost Plus Furniture, Climate Control Storage, From The Heart Designs, Raw Kutz International Barber & Beauty Shop, Jiffy Tax, Spin Spa Laundry, and Cover 2 Wings & Grill, creating a vibrant and attractive commercial environment. The lease is expiring, making this an ideal time to secure this well-located and well-maintained retail space. The asking price is $600.

Property profile

Verified
Property type Retail properties & Spaces
Total area 686 SF

Cap rate & NOI

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

Location

653 Madison Ave Bastrop, LA 71220
Bastrop 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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