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Property profile & analytics
OFF-MARKET
Commercial real estate

319 Memphis St Bogalusa, LA 70427

5,392 SF Built 1973
Property ID
Property summary
AI-generated overview

This exceptional 5,392 square foot commercial property at 319 Memphis Street in Bogalusa, Louisiana, presents a unique investment opportunity. Currently, a portion of the building is occupied by Edward Jones Investments under a recently renewed five-year lease, providing immediate and stable rental income. The remaining 4,000 square feet offers significant flexibility. This expansive area can be utilized as a single large space, or easily subdivided to create two or more individual office suites, catering to a variety of business needs. The building's history includes use as a VA medical facility, resulting in existing ADA-compliant accessibility features throughout. A notable feature is the impressive conference room, ideal for board meetings or large gatherings. The spacious front lobby includes a glass-enclosed reception area, providing a professional and welcoming atmosphere for clients and visitors. This central Bogalusa location ensures high visibility and accessibility, making it an attractive proposition for a diverse range of commercial ventures. The property's adaptable layout and existing infrastructure make it a compelling investment opportunity with potential for significant return. The asking price is $339,000. This property is situated on a lot with no acreage listed.

Property profile
Verified
Property type Commercial real estate
Year built 1973
Total area 5,392 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
Current use
Occupant on record · Public records
  • Briggs George D DO Physician
  • Valor Healthcare Physician
  • Edward Jones - Financial Advisor: Billy W Hartfield, AAMS®|CRPC® Financial Advisor
  • Basco Contracting Hardware & Home Improvement Interior Design
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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