113 Franklin St Bastrop, LA 71220
This unique 3,873 square foot mixed-use property located at 113 S FRANKLIN STREET, Bastrop, LA, presents a remarkable opportunity for a creative investor or developer. Situated on a 0.08-acre lot in the heart of downtown Bastrop, this building offers substantial space for a variety of uses. The property was most recently used as residential space, but its size and central location make it ideal for a multitude of commercial ventures or a large-scale residential renovation. It's important to note that the building has sustained fire damage. This presents both a challenge and a significant opportunity for someone with vision and the resources to undertake a substantial renovation. The substantial square footage provides ample room for customization and the creation of a truly unique space. The property is priced affordably at $25,000, reflecting the need for renovation. This is a chance to acquire a prime downtown location and transform it into a thriving business or stunning residence. Serious inquiries only.
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.