Property summary
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
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store
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Vocational School Training Center
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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