1059 Highway 107, Brouillette, LA 71331
This exceptional 10,538-square-foot freestanding retail building presents a unique investment opportunity in Effie, Louisiana. Situated on a 1.33-acre lot at 1059 Highway 107, this single-story structure boasts excellent visibility and accessibility along a well-traveled corridor in Avoyelles Parish. The property is currently vacant and features a modern design, previously occupied by a Family Dollar/Dollar Tree store. Its location within the Center Point community offers strong potential for a variety of retail uses. The building's newer construction ensures minimal deferred maintenance, providing immediate occupancy for a new tenant. The ample lot size provides ample parking and potential for future expansion. This property is ideal for a local or regional retailer seeking a high-traffic location in a growing area. Any sublease terms are contingent upon the master landlord's approval. The property is located in Avoyelles Parish, Louisiana, with a zip code of 71331. This is a rare chance to acquire a well-situated, ready-to-occupy retail space in a desirable market. The property's size and location make it an attractive option for businesses seeking to establish or expand their presence in the area. This prime retail space offers significant potential for growth and profitability.
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
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.