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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

36365 La-38 Mount Hermon, LA 70450

10,528 SF 1.03 ac lot Built 2022
Property ID
Property summary
AI-generated overview

This exceptional 10,528-square-foot freestanding retail building presents a unique investment opportunity in Mount Hermon, Louisiana. Built in 2022, this Class A property boasts a single-tenant occupancy and is situated on a 1.03-acre lot (44,777 square feet) with ample surface parking for approximately 25 vehicles. The building is conveniently located near the local school and post office, ensuring high visibility and accessibility for customers. The property is zoned for commercial use and offers a blank canvas for a variety of retail businesses. Its spacious layout and prime location make it ideal for a range of ventures, from automotive sales to grocery retail, catering to the needs of the Mount Hermon community. The entire 10,528 square feet is currently vacant, providing immediate occupancy for a new tenant. This is a rare opportunity to establish a thriving business in a desirable location within a town with limited commercial space. The property's modern construction and convenient location offer significant potential for growth and success. This is a single-story building in Washington Parish, Louisiana, with a 70450 zip code. The address is 36365 LA-38.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2022
Total area 10,528 SF
Lot 1.03 ac (44,867 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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