1215 Apple St Minden, LA 71055-8314
This exceptional commercial property located at 1215 Apple Street, Minden, Louisiana, presents a compelling investment opportunity. Priced at $60,000, this durable auto shop boasts a robust construction featuring cement block walls and a long-lasting metal roof, ensuring years of reliable service. The building offers three generously sized garage doors, providing convenient and efficient access for vehicles of all sizes. A half bathroom is included for added functionality and convenience. Beyond the building itself, the property encompasses a substantial 1.65-acre lot, primarily covered in grass. This expansive area offers ample space for additional parking, accommodating numerous vehicles and customers. The large lot also presents significant potential for future expansion, allowing for the addition of more buildings or the development of outdoor storage areas. The property's versatility makes it suitable for a wide range of commercial uses, particularly those in the automotive service and repair industry. The ample space and durable construction make this an ideal location for any business requiring substantial vehicle access and storage. The sale of the property does not include any vehicles or parts currently located on the premises. This is a rare opportunity to acquire a well-built, spacious commercial property in a desirable location at an attractive price point.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.