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Property profile & analytics
OFF-MARKET
Commercial real estate

1884 1st St Jena, LA 71342-4094

Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US36-2216083
Property summary
AI-generated overview

This exceptional 1,468 square foot commercial property, situated on a spacious 0.7-acre lot in Jena, Louisiana, presents a remarkable investment opportunity. Currently configured as a daycare, this adaptable building boasts a rich history of successful uses, including office space and a thriving takeout restaurant. Its versatile layout offers a multitude of possibilities for future endeavors. The interior features a sizable common area, perfect for a living space or reception area, along with three separate rooms suitable for bedrooms or offices. Two half-bathrooms provide convenient facilities. A walk-in storage closet offers ample storage space, and a fully functional commercial kitchen remains ready for immediate use. The property's accessibility is enhanced by three separate driveways, providing easy access from both S. First Street (Highway 127) and W. Tennessee Street. With its prime location and flexible design, this property is ideally suited for a wide range of commercial or residential uses, making it an exceptional investment prospect with significant upside potential. The asking price is $129,000.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
APN 112336
UPID US36-2216083
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
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Sonshine & Daises LLC · 3 yrs held
Sonshine & Daises LLC
since 2023
Last sale
$95,000
2 recorded transactions
2023
$95,000
2013
$35,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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