457 State Rte Minden, LA 71055
This exceptional commercial property, located at 457 State Route 531 in Minden, Louisiana, presents a lucrative investment opportunity. The 11,250 square foot building is currently configured as an auto shop, ideally suited for a variety of automotive-related businesses. Situated in Webster Parish, with a convenient zip code of 71055, this property benefits from high visibility and accessibility due to its prime location on State Route 531. The asking price is $895,000, translating to a price per square foot of $79.56. This represents a strong value proposition in the current market. The building's substantial size offers ample space for various operations, including repair bays, customer waiting areas, and office space. Its strategic location within a busy commercial corridor ensures consistent exposure to potential customers. The property is ready for immediate occupancy, providing a seamless transition for new owners. This is a rare opportunity to acquire a well-established commercial building in a thriving Louisiana community. Serious inquiries are encouraged to explore this promising investment. The property is classified as retail, specifically an auto shop, and is situated at the coordinates 32.6153448 latitude and -93.2491397 longitude.
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.