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Property profile & analytics
OFF-MARKET
Lifestyle centers

412 Avenue B Bogalusa, LA 70427

21,470 SF
Property ID
Property summary
AI-generated overview

This exceptional retail investment opportunity presents a fully occupied, Class B shopping center totaling 21,470 square feet, strategically located at 412 Avenue B in Bogalusa, Louisiana. The property boasts a prime location on a major thoroughfare, Avenue B, experiencing a high average annual daily traffic count of 13,419 vehicles (according to ESRI data). The center comprises three individual units within a single, one-story building, offering a diverse tenant mix. Suite A encompasses 8,192 square feet, Suite B offers 10,370 square feet, and Suite C provides 3,000 square feet. Currently operating at 100% occupancy under a modified lease structure, this multi-tenant property presents a stable and attractive income stream. Its advantageous location places it in close proximity to key community anchors, including the International Paper Mill, Our Lady of Angels Hospital, Bogalusa High School, and the YMCA, ensuring consistent foot traffic and visibility. The asking price is $840,000, translating to a price per square foot of $39.12. This represents a compelling investment opportunity in a thriving Louisiana market. The property's strong tenant base, high occupancy rate, and strategic location make it an ideal addition to any investor's portfolio. Further details are available upon request.

Property profile
Verified
Property type Lifestyle centers
Total area 21,470 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
Current use
Occupant on record · Public records
  • Neilson Robert a CPA Tax Preparation
  • Bogalusa Family Practice Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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