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Property profile & analytics
OFF-MARKET
Warehouses

112 Briggs St Oak Grove, LA 71263

12,738 SF
Property ID
Property summary
AI-generated overview

This exceptional 12,738-square-foot industrial property in Oak Grove, Louisiana, presents a unique investment opportunity. Priced at $350,000 ($27.48/sq ft), the property comprises a fully renovated, single-tenant mechanic shop and an additional building. The main building boasts two vehicle lifts, two parts rooms, rolling doors, an air-conditioned office, a customer waiting area complete with TVs and a children's play area, and restrooms for both employees and customers. Upstairs, ample two-level storage space is available. The secondary building, previously used as an auto body shop, includes a shop area, office, restroom, and supply room. The property also features a fenced rear lot with an eight-car parking canopy, located at 112 N Briggs St, Oak Grove, LA 71263. This turnkey operation is ideal for a variety of uses, offering significant potential for immediate income generation or expansion. The property's location in West Carroll Parish provides convenient access to local transportation networks and a strong local market. This is a rare opportunity to acquire a well-maintained, versatile industrial property in a desirable location. The property is ready for immediate occupancy.

Property profile
Verified
Property type Warehouses
Total area 12,738 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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