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Property profile & analytics
FOR SALE
Commercial real estate

18284 Highway 190 Reeves, LA 70658

Entity Owned 4-yr Hold Absentee Owner Free & Clear
Property ID
US36-2278333
No photos on file
For Sale
$1,675,000
18284 Highway 190, Reeves, LA 70658
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Property summary
AI-generated overview

This exceptional retail opportunity presents a 10,587-square-foot single-tenant building situated on a 0.82-acre lot in Reeves, Louisiana. The property, located at 18284 Highway 190, boasts a prime location along a heavily trafficked corridor, just west of the intersection of Highways 165 and 190, ensuring maximum visibility and accessibility for potential businesses. The building is a one-story structure of newer construction, previously occupied by a Family Dollar/Dollar Tree store. The entire 10,587 square feet is currently vacant and available for lease. This presents a unique chance for local or regional businesses seeking a prominent storefront in a high-traffic area. The property is located in Allen Parish, Louisiana, with a zip code of 70658. All sublease terms are subject to the approval of the master landlord. This property offers significant potential for a variety of retail uses, capitalizing on its excellent location and substantial square footage. The site's visibility and accessibility make it an ideal location for businesses seeking to establish a strong presence in the Reeves community. Interested parties should be prepared to submit proposals outlining their intended use and lease terms.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
APN 330011030
UPID US36-2278333
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.68M
Owner & transaction history
Realty Income Properties 29 LLC · 4 yrs held
Realty Income Properties 29 LLC
since 2022
Last sale
$1.7M
2 recorded transactions
2022
$1.7M
2019
$51,500
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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