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    OFF-MARKET
    Commercial real estate

    158 Bucks Ln, Franklin, LA 70538

    10,708 SF
    Property ID
    US36-2092086
    Property summary
    AI-generated overview

    This exceptional 10,708 square foot commercial property in Franklin, Louisiana, presents a unique investment opportunity. Strategically located off Highway 90 in Ricohoc, the site boasts a versatile layout ideal for multiple revenue streams. The property includes a 3,360 square foot commercial building, previously occupied by Buck's Seafood, offering immediate potential for lease or redevelopment. In addition to the commercial building, the property features two single-family homes and one mobile home, providing existing rental income. The land also has ample space for up to eleven additional mobile homes, further expanding income potential. Recent infrastructure improvements include the installation of new parish water and sewer lines within the last five years, enhancing the property's value and appeal. The property is zoned EN3 (manufactured residential), allowing for a trailer park, adding to its flexibility and investment potential. This diverse property offers a compelling opportunity for an investor seeking a multi-faceted income-generating asset in a convenient and accessible location. The address is 158 Bucks Lane, Franklin, LA 70538, situated in St. Mary Parish.

    Property profile
    Verified
    Property type Commercial real estate
    Total area 10,708 SF
    UPID US36-2092086
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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