506 Highway 2 Sterlington, LA 71280
This exceptional mixed-use property at 506 Highway 2, Sterlington, LA, presents a lucrative investment opportunity. Spanning 1.28 acres, the 7,202 square foot building houses a thriving, turnkey self-storage business generating approximately $80,000 in annual gross potential income. The self-storage component includes a variety of unit sizes, offering climate-controlled options, outdoor units, and covered and uncovered spaces for RVs and boats. Security features include 24/7 surveillance and key-coded access, ensuring peace of mind for both owners and tenants. Beyond the self-storage operation, the property also boasts an established retail tenant and a sizable, vacant office/retail space, providing additional income streams or expansion possibilities. This versatile property is ideally situated in Sterlington, offering convenient access to major roadways and a strong local market. The existing infrastructure and established clientele provide a solid foundation for continued growth and profitability. This is a rare opportunity to acquire a cash-flowing, multi-faceted commercial property with significant upside potential. The property is priced at $335,000.
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
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.