4690 Highway 1, Raceland, LA 70394
This exceptional 5,534 square foot commercial property in Raceland, Louisiana, is ideally situated for high visibility and easy access. Located less than a mile from Highway 90 and Ochsner St. Ann Hospital, this prime location offers significant advantages for any business. The property, formerly a dental center, boasts ample space for various uses, including medical practices, with numerous exam rooms, consultation areas, storage rooms, a lab, and a welcoming reception area. The building provides a spacious and professional environment for employees and clients alike. The high base elevation of 9.3 feet eliminates the need for flood insurance, offering peace of mind and significant cost savings. This property presents a unique opportunity to establish or expand a thriving business in a bustling commercial area. All measurements are provided by the seller and should be verified by the buyer. Lease and lease-purchase options are available. The asking price is $550,000.
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
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.