4981 Mer Rouge Rd Bastrop, LA 71220
This exceptional 38,150 square foot, single-story retail center in Bastrop, Morehouse Parish, Louisiana, presents a prime investment opportunity. Situated on a spacious 12.55-acre lot (546,678 square feet), this property boasts a strong tenant mix, including several national credit tenants, ensuring a stable income stream. The center is strategically located in a high-visibility area, benefiting from its proximity to a Walmart store. Currently, there are 4,000 square feet of vacant space available, offering flexibility for a variety of uses. The existing building is newer construction, and the available spaces are adaptable to suit the needs of retailers, office users, or medical practices seeking a location in a thriving retail corridor. The property's size and location make it an ideal choice for businesses looking to establish a strong presence in a growing market. The multiple tenancy structure provides diversification and potential for future growth. This is a rare opportunity to acquire a well-positioned retail center with significant upside potential in a desirable location. The 4,000 square foot space offers immediate occupancy, while additional space may be available. Don't miss this chance to secure a valuable asset in a dynamic market.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.