2421 Mill St Ringgold, LA 71068
For Sale
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This exceptional 4,000 square foot commercial property, situated on a 0.51-acre lot in the heart of Ringgold, Louisiana, presents a remarkable business opportunity. Located next to the Bank of Montgomery, its prime downtown location ensures high visibility and accessibility. The free-standing building offers a versatile layout, perfect for a variety of uses. The front section features a spacious, open area ideal for retail or office space, complemented by two private offices, a kitchenette, and a full bathroom. The rear of the building is configured as a mini-warehouse, providing ample storage or workshop space – perfect for light manufacturing, vehicle repair, or storage needs. The property boasts a durable metal roof and has recently undergone significant improvements, including fresh paint, new flooring, and updated fixtures. This move-in ready space is a blank canvas, ready for your vision and entrepreneurial spirit. The asking price reflects a compelling investment opportunity in a thriving downtown location. The property's size, location, and recent renovations make it an attractive proposition for a wide range of businesses seeking a well-maintained and adaptable space. This is a rare chance to acquire a substantial commercial property in a desirable location at an attractive price. Don't miss this chance to establish your business in the heart of Ringgold.
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
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.