Property profile

1190 Arkansas St Springhill, LA 71075

OFF-MARKET
Commercial real estate
Property ID
US36-1842130
2 ac lot
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 15,000-square-foot retail space is available for lease at 1190 S Arkansas St, Springhill, Louisiana, 71075. Located in Webster Parish within a retail submarket, this property presents a significant opportunity for a single tenant seeking a substantial presence in the Springhill area. The entire building is currently vacant, offering immediate occupancy for a prospective lessee. The property's size allows for a wide range of retail uses, providing ample space for inventory, display, and customer service areas. Its strategic location in Springhill offers excellent visibility and accessibility for customers. The address is easily identifiable and conveniently situated within the established retail submarket of the city. This is a rare opportunity to secure a large, single-tenant retail building in a prime location. The property is ready for immediate occupancy, allowing for a swift and efficient transition for the new tenant. Interested parties are encouraged to inquire promptly to secure this exceptional retail space. The property is situated at latitude 32.9914643 and longitude -93.4618536. This single-tenant building offers a unique opportunity for businesses seeking a significant footprint in the Springhill market. The property type is retail, and the building's total square footage is 15,000 square feet.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 2 ac (87,120 SF)
APN 124128
UPID US36-1842130

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Pharmacy

Location

1190 Arkansas St Springhill, LA 71075-3824
Springhill metro Census 31300 MINDEN, LA MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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