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    Property profile & analytics
    OFF-MARKET
    Office Spaces

    192 Pinegrove Dr, Pineville, LA 71360-5752

    Entity Owned 1-yr Hold Absentee Owner Free & Clear
    Property ID
    US36-1669028
    Property summary
    AI-generated overview

    This exceptional 5,000 square foot commercial building in Pineville, Louisiana presents a remarkable investment opportunity. Situated on a 0.7-acre lot, this property boasts a versatile layout ideal for a single large business or multiple smaller tenants. The building features four separate entrances and four individual electric meters, providing flexibility and convenience for diverse occupancy. Currently housing one tenant, the property offers significant potential for increased revenue through additional leasing. The spacious interior offers multiple options for customized floor plans to suit various business needs. Ample parking is provided with a 38-space lot, ensuring convenient access for employees and customers. Strategically located between heavily trafficked Highway 28 East and Highway 107 on Pinegrove Drive, this property benefits from high visibility and easy accessibility. The asking price is $344,900. This is a rare chance to acquire a well-maintained, adaptable commercial space in a thriving location. The existing tenant provides immediate income potential, while the adaptable layout allows for future growth and expansion. Don't miss this opportunity to secure a prime commercial property in a high-demand area. The combination of location, size, and flexible design makes this an exceptional investment.

    Property profile
    Verified
    Property type Office Spaces
    Use group OFFICE (GENERAL)
    APN 04-018-06560-0012
    UPID US36-1669028
    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
    Current use
    Occupant on record · Public records
    • Nugent Music & Audio (Bike/Boat/Book/etc) Store
    • Nugent Music Academy Vocational School Training Center
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Sean Pine Holdings LLC · 1 yrs held
    Sean Pine Holdings LLC
    since 2025
    Last sale
    $315,000
    2 recorded transactions
    2025
    $315,000
    2017
    $220,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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