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Property profile & analytics

1900 Rapides Ave Alexandria, LA 71301

  • Commercial real estate
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US36-0880256
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 1900 Rapides Ave

Property type
Commercial real estate
APN
24-037-35194-0001
APU
24037351940001

Description

This exceptional 2,230 square foot commercial property located at 1900 Rapides Avenue in Alexandria, Louisiana, presents a unique investment opportunity. Situated on a 0.25-acre lot, the property boasts a rich history as the well-known "Miss Lillie's Antiques." The building's charming character is evident in its beautiful wooden floors and windows, creating a unique and inviting atmosphere perfect for a variety of commercial uses. The current configuration offers a seamless blend of living and working spaces, ideal for an owner-operator. The building's design allows for both retail space and residential quarters under the same roof, providing convenience and efficiency. Adding to its appeal is an additional rental property on the site, offering further income potential and flexibility. This property is priced at $79,000 and presents significant potential for restoration and revitalization, allowing a new owner to capitalize on its prime location and historical significance. The existing structure provides a solid foundation for a variety of commercial ventures, from retail to office space, or even a continuation of its antique shop legacy. The combination of residential and commercial space, along with the additional rental unit, makes this a truly versatile and attractive investment. The property's location in Alexandria offers easy access to local amenities and a thriving community. This is a rare chance to acquire a landmark property with substantial upside potential.


Value Estimations

based on Realmo’s proprietary methodology
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  • CAP approach

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Location Insight

  • Map
  • Local Demand
City
Alexandria
County
Rapides
State
Louisiana
Longitude
-92.4641
Latitude
31.3114
CBSA code
10780
CBSA name
ALEXANDRIA, 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
$833
$600
$8,400
$9,000
-
$6,000
$56,000
$62,000
More about this property
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