Property profile

9290 Marlatt St Bastrop, LA 71220

OFF-MARKET
Office Spaces
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Property summary

AI-generated overview

This exceptional investment property in Bastrop, Louisiana, presents a unique opportunity for savvy investors. Located at 9290 Marlatt St., zip code 71220, this 9,000 square foot warehouse offers immense potential for diverse uses. Currently featuring an existing apartment, the property is ideally situated adjacent to the Bastrop airport and industrial park, providing excellent accessibility and visibility. The building's adaptable layout allows for a variety of development options, including a storage facility, climate-controlled storage units, a mechanic shop, a church, or a daycare center. The property's strategic location on a well-maintained road ensures convenient access to Highway 165 and the airport road, enhancing its overall appeal and functionality. Priced at $285,000, this multi-use building represents a compelling investment prospect with significant upside potential. The existing apartment provides immediate income potential, while the expansive warehouse space offers a blank canvas for creative development and adaptation to various business needs. Don't miss this chance to acquire a prime commercial property in a rapidly growing area.

Property profile

Verified
Property type Office Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Discount Store

Location

9290 Marlatt St Bastrop, LA 71220
Bastrop metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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