2208 Wallace Blvd Ferriday, LA 71334
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.
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
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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.