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OFF-MARKET
Mixed-use properties

2208 Wallace Blvd Ferriday, LA 71334

Property ID
Property summary
AI-generated overview

This exceptional mixed-use commercial property in Ferriday, Louisiana, presents a lucrative investment opportunity. Located at 2208 & 2210 East Wallace Boulevard, this property boasts two separate rental units, strategically positioned between a well-established hardware store and the Ferriday Market, ensuring high visibility and foot traffic. The combined square footage of both units totals 5,434 square feet. One unit is currently leased to a thriving event planning business, occupying 2,984 square feet. The property's exterior is well-maintained, as shown in the accompanying photographs. The asking price of $199,000 includes both rental spaces, offering immediate income potential. This prime location in Ferriday provides excellent access to a strong local customer base and presents significant potential for future growth and development. The property is situated on a 0-acre lot. This is an ideal investment for those seeking a diversified commercial portfolio with established tenants and a strong location. Contact the provided number for further details and to schedule a viewing. This is a rare opportunity to acquire a well-situated, income-generating commercial property in a thriving market. Don't miss out on this chance to secure a valuable asset in Ferriday, Louisiana.

Property profile
Verified
Property type Mixed-use properties
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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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