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Property profile

1330 Texas Ave Alexandria, LA 71301

OFF-MARKET
Community centers
Property ID
US36-0096008
9,398 SF Built 2005
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 2,000 square foot retail space is ideally situated in the heart of Alexandria, Louisiana, at 1330 Texas Avenue (corner of Jackson Street). The property boasts a prime location near Cabrini Hospital, numerous shopping options, restaurants, and the Alexandria Mall, ensuring high visibility and foot traffic. With over 22,000 residential units within minutes, this location offers significant market access. The single-tenant building, constructed on a 0.53-acre lot, underwent renovations in 2019, ensuring modern amenities. The property features municipal/electric power and comprises a single-story structure. Its classification as professional, boutique, or hair salon space makes it versatile for a variety of businesses. The convenient location, close proximity to downtown Alexandria, and recent renovations make this a highly attractive opportunity for businesses seeking a thriving retail environment. The property's size and location offer significant potential for growth and success. This is a rare opportunity to secure a well-maintained, conveniently located retail space in a high-traffic area of Alexandria.

Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 2005
Total area 9,398 SF
APN 24-033-35245-0002
UPID US36-0096008

Cap rate & NOI

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

Location

1330 Texas Ave Alexandria, LA 71301-4045
Alexandria metro Census 12600 ALEXANDRIA, LA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.03M

Owner & transaction history

since 2019
1 recorded transaction
2019
Price N/A

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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