Property profile

1427 Elton Rd Jennings, LA 70546

FOR SALE
Retail properties & Spaces
Property ID
US36-2492273
1,264 SF 0.83 ac lot Built 1985
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Property summary

AI-generated overview

This exceptional commercial property presents a unique investment opportunity in the thriving city of Jennings, Louisiana. The 1,264 square foot building is situated on a highly desirable 0.83-acre corner lot, offering excellent visibility and accessibility from a major road. The property's strategic location ensures high traffic exposure, with convenient access to major highways, maximizing customer reach. The building itself is incredibly versatile, suitable for a wide array of businesses, from retail and service-based enterprises to office spaces. The interior layout includes ample space on the ground floor, complemented by a thoughtfully developed second floor. This upper level provides additional office space, valuable storage areas, and the potential for an extra bathroom, enhancing functionality and adaptability. Ample parking is available on the spacious lot, ensuring convenience for customers and employees. Customizable signage options along the main road further enhance the property's visibility and marketing potential. The property is offered for sale, or a negotiable net-net-net (NNN) lease may be considered. It's important to note that the land itself is only available for lease. This property is surrounded by a vibrant mix of residential and commercial properties, creating a strong customer base and ensuring a steady stream of potential clients. This is an exceptional chance to establish a thriving business in a bustling community.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1985
Total area 1,264 SF
Lot 0.83 ac (36,155 SF)
UPID US36-2492273

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
  • Computer & Electronic Repair Tech Support Center
  • Real Estate Agency

Location

1427 Elton Rd Jennings, LA 70546
Jennings metro
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Value estimations

Realmo proprietary · 4 methods
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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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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