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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 Jefferson Hwy River Ridge, LA 70123

2,480 SF 0.29 ac lot
Property ID
Property summary
AI-generated overview

Exceptional investment opportunity: a vacant, 2,480-square-foot freestanding restaurant building in River Ridge, Louisiana, is available for sale at $450,000. Located on Jefferson Highway (LA Hwy 48), this single-story building sits on a 0.29-acre lot and offers 15 parking spaces. The property features a recently replaced roof and serviced HVAC system. Currently vacant, the building previously housed a regional donut shop. The sale is an absolute NNN lease type with a remaining term of 4 years. The property is zoned C-1, suitable for retail shopping and personal service uses, designed to serve nearby residential areas. All measurements are approximate and should be verified by the purchaser. Zoning, overlays, and intended use must also be independently verified. Showings require a minimum 48-hour notice. This is a fantastic opportunity to acquire a well-located restaurant property in a thriving community. The asking price per square foot is $241.94. The property's APN is a61e893d·78e7-40ea·......

Property profile
Verified
Property type Retail properties & Spaces
Total area 2,480 SF
Lot 0.29 ac (12,632 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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