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Property profile & analytics
OFF-MARKET
Office buildings

106 Courthouse Sq Rayville, LA 71269-2647

1 ac lot
Individually Owned Absentee Owner Free & Clear
Property ID
US36-2154249
Property summary
AI-generated overview

This exceptional 2,400 square foot office building is ideally situated in the heart of Rayville, Louisiana, directly behind the courthouse. Its prime location offers excellent visibility and accessibility. The property boasts two separate utility meters, providing the flexibility to operate as two independent units, perfect for owner-occupancy and rental income generation. Each unit benefits from its own climate control system, ensuring optimal comfort year-round. Additional features include ample parking, double entry doors, and private bathrooms within each unit. The building's versatile layout presents numerous possibilities for a wide range of businesses. The substantial size and convenient location make this a rare opportunity in the Rayville market. This property offers a unique blend of functionality and convenience, making it an attractive investment for both established businesses and entrepreneurs seeking a well-maintained and strategically located space. The dual-unit setup allows for diverse operational strategies, maximizing potential returns. Don't miss this chance to acquire a highly desirable commercial property in a thriving community. Act quickly, as this opportunity is unlikely to remain available for long.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Lot 1 ac (43,560 SF)
APN 220149390
UPID US36-2154249
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
TURNER CHARLES E.
TURNER CHARLES E.
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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