70201 Us-51 Independence, LA 70466
This exceptional retail investment opportunity is located on busy US-51 in Tickfaw, Louisiana. The property encompasses a vacant 4,379 square foot building situated on an 8.3-acre lot. Previously used as a bar, this versatile space offers significant potential for a variety of commercial or residential uses, subject to verification of zoning and intended use with the Village of Tangipahoa City Hall. The property features one dock-high door and is classified as a Class C building. All measurements are approximate and should be independently verified by the buyer. The asking price is $420,000, translating to approximately $95.91 per square foot. The property's APN numbers are 113808 and 113700. This prime location on US-51 presents a compelling opportunity for investors seeking a high-traffic commercial site with flexible zoning options. The single-story building offers ample space for redevelopment or repurposing. Serious inquiries are encouraged to conduct due diligence and explore the possibilities this property presents.
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
Similar Nearby for Sale
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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.