635 Madison Ave Bastrop, LA 71220
This exceptional 576-square-foot office space in Bastrop, Louisiana, is perfectly situated within the thriving Magnolia Plaza shopping center. Recently and completely renovated, this property offers an energy-efficient design and is ready for immediate occupancy. Previously configured as a 567-square-foot retail/drive-thru space, the owner will convert it to office space to meet the buyer's needs, per approved end-use plans. All utilities—cable, electric, and gas—are available and metered separately for efficient cost management. The lease rate includes common area maintenance, providing added value and convenience. The property benefits from over 100 parking spaces, enhanced by security measures at both the parking lot and storefronts, ensuring a safe and secure environment for tenants and clients. Located in a high-traffic area with a daily count exceeding 19,000 vehicles, this space enjoys excellent visibility and accessibility. The strong tenant mix within Magnolia Plaza includes well-established businesses such as 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. This is a rare opportunity to secure a renovated, well-located office space in a bustling shopping center. The property's prime location and convenient amenities make it an ideal choice for a variety of businesses.
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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
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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.