192 Pinegrove Dr, Pineville, LA 71360-5752
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.
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Nugent Music & Audio (Bike/Boat/Book/etc) Store
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Nugent Music Academy Vocational School Training Center
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.