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Property profile & analytics
FOR SALE
Commercial real estate

2421 Mill St Ringgold, LA 71068

0.47 ac lot
Individually Owned 17-yr Hold ~ Est. High Equity
Property ID
US36-1845208
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.47 ac (20,538 SF)
APN 450031695
UPID US36-1845208
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
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
Dennis Marshall Carlisle · 17 yrs held
Dennis Marshall Carlisle
since 2009
1 recorded transaction
2009
$65,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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