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OFF-MARKET
Retail properties & Spaces

1512 Chemin Metairie Rd Youngsville, LA 70592

30,000 SF
Property ID
Property summary
AI-generated overview

This exceptional 30,000-square-foot retail property in Youngsville, Louisiana, is available for $990,000. Currently operating as a car wash, this single-tenant building sits on a 30,000-square-foot lot at 1512 Chemin Metairie Rd, 70592, in Lafayette Parish. The property boasts 100% occupancy and is ideally suited for a variety of uses, including auto shops, quick-service restaurants (QSR), or full-service restaurants. Its prime location on a major thoroughfare ensures high visibility and accessibility, benefiting from the proximity to established businesses such as McDonald's, Smoothie King, and a new Rouses Supermarket. This high-traffic area within a rapidly developing city presents a unique opportunity for investors seeking a strong return. The property's size offers significant flexibility for various retail concepts. The sale price equates to $33 per square foot. This is a for-sale-by-owner opportunity with no remaining lease term. The property's proven commercial success makes it an attractive investment in Youngsville's dynamic retail scene.

Property profile
Verified
Property type Retail properties & Spaces
Total area 30,000 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
  • Palm Island Car Wash Car Wash
  • Hamilton Medical Group Medical Clinic
  • Adrienne Musumeche Pediatrician Medical Clinic
  • Catherine Broussard Pediatrician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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