Property profile

4981 Mer Rouge Rd Bastrop, LA 71220

OFF-MARKET
Retail properties & Spaces
38,150 SF 12.55 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Total area 38,150 SF
Lot 12.55 ac (546,678 SF)

Cap rate & NOI

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

Location

4981 Mer Rouge Rd Bastrop, LA 71220
Bastrop metro
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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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