Property profile

27565 Patterson Rd Springfield, LA 70462

OFF-MARKET
Commercial real estate
6,000 SF 2.6 ac lot Built 1925
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Property summary

AI-generated overview

This exceptional commercial property, located at 27565 Patterson Road in Springfield, Louisiana, presents a unique investment opportunity. The substantial 6,000 square foot building sits on a generous 2.6-acre lot, offering ample space for a variety of commercial ventures. Previously used as a packing house, the property boasts extensive storage capabilities, making it ideal for businesses requiring significant warehousing or inventory space. The existing structure provides a solid foundation for redevelopment or repurposing, allowing for customization to suit specific business needs. Beyond the building itself, the property features a tranquil pond, adding to its aesthetic appeal and potential for landscaping enhancements. The expansive acreage offers significant flexibility for expansion, outdoor operations, or additional development. Given its size, location, and versatile nature, this property is well-suited for a diverse range of commercial uses, presenting a compelling opportunity for entrepreneurs and investors alike. The asking price of $80,000 makes this a highly attractive proposition in the current market. Serious inquiries are encouraged to explore the full potential of this remarkable property.

Property profile

Verified
Property type Commercial real estate
Year built 1925
Total area 6,000 SF
Lot 2.6 ac (113,256 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

27565 Patterson Rd Springfield, LA 70462
Springfield 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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