Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Specialty properties

    29592 La-22, Springfield, LA 70462

    731,808 SF 16.8 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity encompasses a thriving waterfront restaurant and marina on 16.8 acres in Springfield, Louisiana. The property includes a beloved 5,044 square foot family-style restaurant with a stunning 2,160 square foot attached gazebo, perfect for hosting private events and enjoying beautiful waterfront views. The restaurant sits on a water-bottom lease, details of which are available upon request. Fixtures, furniture, and equipment (FF&E) are included in the sale. Adjacent to the restaurant is an 11.42-acre marina currently under lease (lease details available with due diligence), featuring 61 covered and 8 uncovered boat slips, a boat launch, and gas pumps conveniently located on both the road and waterside. The marina also offers 9 boat hookups on the docks. Further enhancing the property's appeal are 11 RV sites with full 30/50 amp hookups, water, and sewer connections; one camp rental; one apartment; five dry storage units; and one large metal storage unit with approximately 20 feet of clearance. The property is approximately seven miles from Lake Maurepas and boasts a rich history, having served as a filming location for numerous movies and television shows. This turnkey operation presents a unique opportunity to acquire a well-established and highly profitable business in a desirable location. The total square footage of all buildings is 731,808 square feet. The asking price for this remarkable property is $5,900,000.

    Property profile
    Verified
    Property type Specialty properties
    Total area 731,808 SF
    Lot 16.8 ac (731,808 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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 29592 La-22?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message