4450 Us-84 Vidalia, LA 71373
This exceptional mixed-use property, located at 4450 HWY 84 W in Vidalia, Louisiana, presents a unique investment opportunity. The 5,000 square foot building, constructed in 1972, sits on a 1.37-acre lot and boasts a high-traffic location with ample parking. Previously utilized as a church, the versatile space is ideally suited for a variety of uses, including an event space. The property includes a separate, newer three-bedroom, two-bathroom parsonage house situated at the rear, accessed via a private driveway. This home is currently rented, generating additional income. A portion of the main building is also currently leased. The asking price is $399,000, translating to $79.80 per square foot. The property is a single-tenancy building with Concordia Parish APN 0400003050. The information provided, including square footage and lot size, is believed to be accurate but should be independently verified. This property offers significant potential for both income generation and future development. The combination of a spacious main building and a separate rental property makes this a compelling investment prospect. The high visibility location and existing rental income streams add to its attractiveness.
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.