565 Madison AveBastrop, LA 71220

  • Other commercial real estate
  • 72,739 SF
For Lease
$7.50/SF/YR View listing

Property Details for 565 Madison Ave

Year built
1960
Property size (Sq ft)
72,739 SF
Property type
Other commercial real estate
APN
200324740
APU
200324740

Description

This exceptional retail opportunity in Bastrop, Louisiana, presents 4,296 square feet of completely renovated, energy-efficient commercial space available for lease at 565 E Madison Ave. The property, zoned commercial (APN: 02000/001/0000B), offers multiple tenancy options with spaces ranging from a minimum of 576 square feet to a maximum contiguous space of 1,920 square feet. The entire 4,296 square feet is currently vacant and ready for immediate occupancy. The property boasts ample parking with over 100 spaces, enhanced by security measures at both the parking lot and storefronts. Utilities including cable, electric, and gas are available with separate meters. Common area maintenance is included in the lease rate. This strip center enjoys a strong tenant mix, including Cost Plus Furniture, Climate Control Storage, From the Heart Designs, Raw Kutz International Barber & Beauty Shop, Jiffy Tax, Spin Spa Laundry, and Cover 2 Wings & Grill. Located in Morehouse Parish, this property offers excellent visibility and accessibility in a thriving commercial area. The property's address is 565 E Madison Ave, Bastrop, LA 71220.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $13,229,193
    Hospitality
    $12,117,869
    Educational
    $10,081,925
    Medical
    $10,428,658
    Retail
    $15,682,995
565 Madison Ave, Bastrop, Louisiana
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Location Insight

City
Bastrop
County
Morehouse
State
Louisiana
Latitude
32.7794
Longitude
-91.9072
CBSA code
33740
CBSA name
MONROE, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$19,806
$16,065
$128,780
$144,845
-
$160,650
$858,530
$1,019,180

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