7668 Highway 107 Mansura, LA 71350
- Commercial real estate
- 3.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 7668 Highway 107
- Lot size
- 3.00 lot acres
- Property type
- Commercial real estate
- APN
- 0030299800F
- APU
- 0030299800F
Description
This 4,000 square foot commercial property in Mansura, LA, presents a fantastic opportunity for business owners. Located on Highway 107, the property boasts a 50x80 concrete slab, a 50x50 air-conditioned and insulated shop, and a 30x13 insulated office. Additional features include separate men's and women's restrooms and a 12x12 storage room. A newly installed fence enhances security. The property sits on a generous 3-acre lot, offering ample space for expansion or outdoor activities. Currently leased for $1,000 per month on a two-year term, this provides immediate income while you plan your business venture. The property's location on Highway 107 offers excellent visibility and accessibility. This versatile space is ideal for a variety of commercial uses, providing both immediate income and long-term potential. The existing tenant provides a steady revenue stream, allowing for a smooth transition and planning period. Contact us to learn more and schedule a viewing.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $195,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $190,000
- 6.5%
- $180,000
- 7%
- $170,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $185,000
- Geo Method
- $200,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $195,000
- Retail
- $210,000
- Mixed-Use
- $195,000
- Hospitality
- $150,000
- Educational
- $205,000
- Residential Income
- $155,000
- Energy
- $200,000
- Income-Based Land
- $160,000
- Food Service
- $195,000
Location Insight
- Map
- Local Demand
- City
- Mansura
- County
- Avoyelles
- State
- Louisiana
- Longitude
- -92.0464
- Latitude
- 31.0432