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Property profile & analytics
OFF-MARKET
Mixed-use properties

113 Franklin St Bastrop, LA 71220

0.08 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Mixed-use properties
Lot 0.08 ac (3,485 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
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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