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Property profile & analytics
OFF-MARKET
Mixed-use properties

506 Highway 2 Sterlington, LA 71280

7,202 SF 1.28 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Mixed-use properties
Total area 7,202 SF
Lot 1.28 ac (55,757 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
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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