Property profile

17200 Airline Hwy Prairieville, LA 70769

FOR SALE
Commercial real estate
Property ID
US36-0123526
0.66 ac lot
Individually Owned 11-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 4,100 square foot mixed-use restaurant space is available for $1,450,000. Located at 17200 Airline Highway in Prairieville, Louisiana (zip code 70769), this free-standing building boasts excellent visibility and is situated in a prime location. Previously an Italian restaurant, the property is in good condition and presents a turnkey opportunity for a variety of culinary concepts. Its strategic placement next to McDonald's and across from a Walmart Supercenter ensures high foot traffic and strong brand recognition potential. The building offers 4,100 square feet of net rentable space, making it ideal for a variety of restaurant types, including seafood or sushi establishments. This owner/user investment presents a rare chance to acquire a well-positioned, established restaurant space in a thriving Louisiana community. The property is a single unit within a mixed-use building. Serious inquiries only.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.66 ac (28,750 SF)
APN 20005964
UPID US36-0123526

Cap rate & NOI

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

Location

17200 Airline Hwy Prairieville, LA 70769
Prairieville metro Census 30208 BATON ROUGE, LA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$225k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$225k

Owner & transaction history

since 2014
1 recorded transaction
2014
$575,000

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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