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    2414 5th St Leesville, LA 71446-5323
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    Property profile & analytics

    2414 5th St, Leesville, LA 71446-5323

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    • Retail space
    • 2.00 lot acres
    Off-Market
    Last Sale May 20, 2022
    $4,436,800
    Property ID
    US36-1621776
    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.

    Value Estimations
    $3,935,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Claire's / (Bike/Boat/Book/etc) Store / Clothing & Fashion Store
    • CPR Cell Phone Repair Leesville / Electronics & Wireless Store / Computer & Electronic Repair
    • Direct Loans / Loan Service
    • Direct Payday Loans / Loan Service
    • Rent-A-Center / Furniture & Home Goods / Home Decor Store

    Property Details for 2414 5th St

    Lot size
    2.00 lot acres
    Property type
    Retail space
    APN
    011-100-2825
    APU
    111002825

    Description

    Leesville Plaza presents a compelling investment opportunity in a thriving retail environment. This 22,160 square foot Walmart shadow center boasts a prime location along S 5th Street, the main retail corridor of Leesville. The center benefits from the significant traffic generated by the adjacent Walmart, attracting an estimated 2.6 million annual visits. This high visibility ensures strong foot traffic for all tenants. Currently, the center features a strong tenant mix, including established businesses like Petsense and Rent-A-Center. Tenants benefit from the synergistic effect of being located near other national retailers such as Ross Dress for Less, Lowe's, Tractor Supply, Goodwill, and Burke's, creating a robust and diverse shopping destination. The property comprises ten suites in total, with a maximum contiguous space of 3,680 square feet and two spaces currently available. This makes it ideal for a variety of retail businesses, healthcare providers, or restaurants seeking a high-traffic location with established neighboring businesses. The property's strategic placement within the main retail corridor and its proximity to a high-traffic Walmart store makes it an exceptional opportunity for businesses seeking significant exposure and customer reach in the Leesville market. The existing tenant mix provides a stable and attractive environment for new businesses to thrive.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $3,390,000
      ML approach
      $3,465,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Leesville
    County
    Vernon
    State
    Louisiana
    Longitude
    -93.2719
    Latitude
    31.1182
    CBSA code
    22860
    CBSA name
    FORT POLK SOUTH, LA MICROPOLITAN 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
    $72,185
    $32,690
    $582,750
    $615,440
    -
    $326,900
    $3,885,000
    $4,211,900
    More about this property
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