12905 La-28 Deville, LA 71328
This exceptional investment opportunity presents a 9,180-square-foot retail building situated on a 1.14-acre lot in Deville, Louisiana. The property, built in 2020, boasts a single-story structure with 21 parking spaces, ideally located at the signaled intersection of LA Highways 28 and 1015. Currently vacant, the building was previously occupied by a Family Dollar store under a corporate-guaranteed Absolute NNN lease, expiring June 22, 2030. The lease commenced September 30, 2020, with a remaining term of approximately 5.6 years. The asking price is $960,000, translating to $104.58 per square foot. The property is zoned for rural use and benefits from its strategic location within the Alexandria Metropolitan Area (population 153,000), serving the communities of Deville, Holloway, and Buckeye. While the previous tenant, Family Dollar, has vacated the premises and removed its signage, the strong location and remaining lease term offer significant potential for future income generation or redevelopment. The property's convenient access from LA Highways 28 and 1015 makes it highly visible and easily accessible to a substantial customer base. This is a rare opportunity to acquire a well-located retail property in a growing market. The property is offered for sale by owner.
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.