1783 Florida Ave SW, Denham Springs, LA 70726
This exceptional two-story, 4,177 square foot Class B office building presents a compelling investment opportunity in Denham Springs, Louisiana. Located at 1783 Florida Ave SW, this property boasts a prime location on a main road with high traffic counts, ensuring excellent visibility and accessibility. The building sits on a 1.5-acre lot and is zoned C-3, offering versatility for a range of commercial uses. Currently, the building has a 45% occupancy rate under a gross lease with multiple tenants. The asking price is $500,000, translating to $119.70 per square foot. This represents a strong return on investment given the property's location and potential for increased occupancy. The building's two stories provide ample space for various business needs. Serious investors will appreciate the combination of high traffic, convenient access, and flexible zoning in this thriving Louisiana community. This is a rare opportunity to acquire a well-situated commercial property with significant upside potential.
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Dr. Abdelrahman Almasri, MD Physician
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.