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Property profile & analytics

224 Pecan Park Ave Alexandria, LA 71303

  • Office Properties & Spaces
  • 2.12 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US36-0818100
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Robichaux Elizabeth / Employment Agency
  • ALAA H YOUNES / Physician
  • ALBERT CRAIG PEARCE / Physician
  • VIKRAM SINGH NIJJAR / Physician
  • JOSEPH WAYNE LANDRENEAU / Physician

Property Details for 224 Pecan Park Ave

Lot size
2.12 lot acres
Property type
Office Properties & Spaces
APN
24-028-09715-0004
APU
24028097150004

Description

This exceptional 19,624 square foot commercial building, situated on a 2.12-acre lot at 224 Pecan Park Avenue in Alexandria, Louisiana, presents a compelling investment opportunity. Priced at $3,500,000, the property enjoys a prime location within a thriving commercial and medical complex, offering excellent visibility and accessibility. Its strategic position across from established businesses like La Eye and Laser and RedRiver ENT ensures high traffic and exposure. The building is currently partially leased, with existing long-term tenants providing a stable stream of rental income from day one. Designed with medical practices in mind, the layout includes numerous exam rooms, dedicated equipment spaces, and well-appointed individual offices. A large, central waiting area facilitates efficient patient flow. However, the flexible design makes it suitable for a wide range of professional office uses, allowing for multiple businesses or practices to occupy the space. This presents a unique chance to acquire a substantial, income-generating property in a desirable location with significant potential for growth and expansion. The building's size and amenities make it an attractive option for a variety of professional uses. The substantial lot size also offers potential for future development or expansion.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Alexandria
County
Rapides
State
Louisiana
Longitude
-92.4903
Latitude
31.2934
CBSA code
10780
CBSA name
ALEXANDRIA, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$46,608
$39,900
$390,900
$430,800
-
$399,000
$2,606,000
$3,005,000
More about this property
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