112 Briggs St Oak Grove, LA 71263
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.
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.