36365 La-38 Mount Hermon, LA 70450
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.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.