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Property profile & analytics

1610 Melrose St Pineville, LA 71360

  • Office Properties & Spaces
  • 0.62 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US36-1293280
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Pipeville Tobacco Stop / (Bike/Boat/Book/etc) Store

Property Details for 1610 Melrose St

Lot size
0.62 lot acres
Property type
Office Properties & Spaces
APN
24-021-75073-0001
APU
24021750730001

Description

This exceptional 4,236 square foot commercial building, situated on a 0.62-acre lot at 1610 Melrose Street in Pineville, Louisiana, presents a compelling investment opportunity. The property boasts a highly desirable location, offering excellent visibility and convenient access to Louisiana College (LCU), a nearby apartment complex, and major commuter routes from Marksville. This strategic positioning ensures high traffic and strong potential for sustained growth. Currently occupied by two long-term commercial tenants, the property generates immediate and consistent rental income. These established tenants have expressed their intention to remain in the building post-sale, providing a stable and predictable cash flow for the new owner. The building itself is well-maintained and ready for immediate occupancy. The substantial size of the lot offers potential for future expansion or development, adding further value to this already attractive investment. This is a rare chance to acquire a turnkey commercial property in a thriving area with established tenants and significant upside potential. The asking price is $299,000. Don't miss this opportunity to secure a stable and profitable commercial investment in a prime Pineville location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Pineville
County
Rapides
State
Louisiana
Longitude
-92.4164
Latitude
31.3239
CBSA code
10780
CBSA name
ALEXANDRIA, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,808
$3,500
$12,300
$15,800
-
$35,000
$82,000
$117,000
More about this property
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