1515 Highway 9 Summerfield, LA 71079
This exceptional 3-acre commercial property, situated on Highway 9 in Summerfield, Louisiana, presents a remarkable investment opportunity. The property boasts two well-maintained buildings constructed in the 1970s, totaling 4,311 square feet. The main building features a spacious, open design with high ceilings, perfect for a variety of uses. Imagine transforming this space into an event venue, a flexible office complex, or a vibrant community center. The adaptable layout allows for seamless customization to meet your specific needs. A connected multi-purpose area offers additional space, ideal for meetings, classrooms, or supplementary offices, enhancing the property's versatility. A separate, standalone building provides further flexibility, suitable for storage, workshops, or other supplementary activities. The expansive 3-acre lot is beautifully landscaped with mature trees and open green spaces, offering ample room for parking, outdoor activities, or future expansion. The property's prime location on Highway 9 ensures excellent visibility and convenient access, making it an ideal location for a wide range of commercial ventures. This unique property offers a blend of functionality, space, and location, presenting an unparalleled opportunity for a discerning investor or business owner seeking a versatile and well-positioned commercial space. The asking price is $69,500.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
2 recent transactions · within 1.5 miComparable in this City
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.