1801 5th St, Leesville, LA 71446-5307
- Retail space
- 1.80 lot acres
Current Use by Public Records
- Redwood Motel / Hotel & Motel
- China Wok Buffet / Restaurant
Property Details for 1801 5th St
- Lot size
- 1.80 lot acres
- Property type
- Retail space
- APN
- 011-181-3635
- APU
- 111813635
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jun 23, 2022 | $870,000 | Sophea Srin Inv Props LLC | Chin H Tsai | Deed | — |
| Sep 22, 2010 | — | Hsin Tsai Chin | Greenhills International, LLC | Warranty Deed | — |
Description
This exceptional commercial property in Leesville, Louisiana, presents a unique investment opportunity. Located on 1.8 acres at 1801 S 5th Street, this Class B property boasts a prime location along Highway 171, near major franchises like McDonald's, Whataburger, AutoZone, and Taco Bell, ensuring high visibility and traffic. The property includes a 17-unit motel with individual bathrooms, generating consistent rental income. A significant income stream is also provided by a 3385 square-foot restaurant currently leased to China Wok Buffet. Further diversifying the revenue streams are five additional rental properties on the site. These combined rental properties generate approximately $59,000 in annual cash flow. The asking price is $1,429,999. This property offers flexibility
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $665,000
- ML approach
- $675,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Leesville
- County
- Vernon
- State
- Louisiana
- Longitude
- -93.2674
- Latitude
- 31.1245
- CBSA code
- 22860
- CBSA name
- FORT POLK SOUTH, LA MICROPOLITAN STATISTICAL AREA
