9025 Us-80 Greenwood, LA 71033
This Greenwood, Louisiana warehouse, located just off I-20 in Caddo Parish, presents a compelling investment opportunity. The 3,200 square foot building, constructed in 2013, features a single story with a B-3 zoning designation. The structure boasts an insulated metal exterior and offers a versatile layout. Shop space comprises 2,600 square feet, complemented by 260 square feet of office space and 260 square feet dedicated to bathrooms. Ceiling heights range from 17 feet at the eaves to 22 feet at the peak. A significant advantage is the expansive 7,000 square foot parking lot constructed with high-strength 6000 psi concrete. The property benefits from a high traffic count of nearly 10,000 vehicles daily. A 12x12 garage bay door provides convenient access. A 16x40 addition on the south side, equipped with electricity, plumbing, and floor drains, is ideally suited for a drive-thru application. A 20x40 overhang offers potential for expansion. Currently occupied by a tenant under a lease with approximately four years remaining, the sale is subject to this existing lease. The asking price is $299,900, translating to $93.72 per square foot.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.