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Property profile & analytics
OFF-MARKET
Retail space

11787 Hwy 190th W Merryville, LA 70653-3422

1.11 ac lot
Entity Owned Absentee Owner Free & Clear
Property ID
US36-0199057
Property summary
AI-generated overview

This exceptional freestanding retail property, located at 11787 Highway 190 West in Merryville, Louisiana, presents a significant opportunity. The single-tenant building boasts a total of 10,563 square feet, with approximately 10,465 square feet currently vacant. Previously occupied by a Family Dollar/Dollar Tree combination store, this newer construction building offers ample space and parking to accommodate a wide range of retail businesses. The property sits on a 1.11-acre lot and benefits from dual access points, conveniently located off Highway 190 and Highway 389, ensuring high visibility and accessibility for customers. The building is a single-story structure situated in Beauregard Parish, Louisiana, zip code 70653. This prime location offers excellent potential for a variety of retail uses. Any sublease terms are contingent upon the approval of the master landlord. This property is ideal for an entrepreneur seeking a well-positioned retail space in a growing community. The property's size, location, and ample parking make it an attractive option for businesses seeking a strong presence in the Merryville market. Serious inquiries are encouraged.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Lot 1.11 ac (48,352 SF)
APN 0220002500A
UPID US36-0199057
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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
REALTY INCOME PROPERTIES 29, LLC
REALTY INCOME PROPERTIES 29, LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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