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Property profile & analytics
FOR SALE
Commercial real estate

211 N Main St Springhill, LA 71075

Individually Owned 18-yr Hold Free & Clear
Property ID
US36-2357291
211 N Main St, Springhill, LA 71075 For Sale
$60,000
211 N Main St, Springhill, LA 71075
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Property summary
AI-generated overview

This exceptional commercial property, located at 211 N Main Street in Springhill, Louisiana's historic downtown district, presents a unique investment opportunity. The building encompasses 1,386 square feet and sits on a conveniently sized 0.05-acre lot. Currently leased to a thriving nail salon, this property offers immediate cash flow potential for a savvy investor. The building's prime location within the historic district provides excellent visibility and accessibility, attracting a steady stream of foot traffic. The existing tenant has a proven track record, ensuring a stable income stream. This presents a low-risk, high-reward investment opportunity in a desirable and growing area. The property's strong tenant occupancy and strategic location make it an attractive prospect for both seasoned investors and those new to commercial real estate. The asking price of $60,000 represents a compelling value proposition considering the property's current income generation and its potential for future appreciation. This is a rare chance to acquire a well-established commercial property in a vibrant and historic setting. The building's solid construction and established tenancy make it a low-maintenance investment, ideal for those seeking a reliable and profitable addition to their portfolio. Serious inquiries are encouraged to explore this exceptional opportunity further. The property is ready for immediate ownership and offers a strong return on investment.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
APN 123208
UPID US36-2357291
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
  • LT Nails Nail Salon
  • Louisiana Dumpster Hauling Waste Management Facility
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
The Webster Parish Police Jury · 18 yrs held
The Webster Parish Police Jury
since 2007
2 recorded transactions
2007
Price N/A
2007
$27,500
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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