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Property profile & analytics
OFF-MARKET
Commercial real estate

155 Pne St Ponchatoula, LA 70454-3308

3,100 SF 0.12 ac lot Built 1969
Individually Owned 17-yr Hold Free & Clear
Property ID
US36-1242642
Property summary
AI-generated overview

This exceptional commercial property in the heart of Ponchatoula, Louisiana presents a unique investment opportunity. The building boasts 4,500 square feet situated on a 0.12-acre lot, offering a blend of retail and residential space. The ground floor encompasses 2,200 square feet of open, street-facing retail space, ideal for a variety of businesses. This area benefits from excellent visibility and accessibility, with both front and rear access points. The rear access provides convenient off-street parking for customers and employees. In addition to the expansive retail space, the ground floor also includes several versatile rooms of varying sizes, perfect for offices, storage, or additional retail displays. Upstairs, four apartments provide a significant additional income stream. This mixed-use property offers a rare combination of high-traffic retail location and lucrative rental income potential. The property's size and layout provide flexibility for a wide range of business ventures, making it an attractive investment for both established businesses and entrepreneurs. The strategic location in downtown Ponchatoula ensures high visibility and easy access for customers. Don't miss this chance to acquire a substantial and versatile commercial property in a thriving Louisiana community. The asking price is $950,000.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1969
Total area 3,100 SF
Lot 0.12 ac (5,100 SF)
APN 1620800
UPID US36-1242642
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
Current use
Occupant on record · Public records
  • Follow Your Art Art Gallery
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Randall Lejeune · 17 yrs held
Randall Lejeune
since 2008
4 recorded transactions
2008
Price N/A
2008
$2,047
2006
$4,529
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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