Property profile

1512 Chemin Metairie Rd Youngsville, LA 70592

OFF-MARKET
Retail properties & Spaces
30,000 SF
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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

Current use

Occupant on record · Public records
  • Car Wash
  • Medical Clinic
  • Pediatrician Medical Clinic
  • Pediatrician Medical Clinic

Location

1512 Chemin Metairie Rd Youngsville, LA 70592
Youngsville metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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