300 Pne St Ponchatoula, LA 70454-3335
This exceptional commercial property, located at 300 E Pine Street in the heart of Ponchatoula, Louisiana, presents a unique investment opportunity. The building boasts 2,528 square feet of space, currently occupied by individual tenants on month-to-month agreements, offering immediate income potential. The property's prime downtown location ensures high visibility and accessibility. The existing structure offers multiple office spaces, but significant potential exists for expansion and increased usable square footage. Both the upstairs and downstairs areas offer opportunities for development, allowing for a substantial increase in rentable space. This flexibility makes the property ideal for a variety of uses, from professional offices to retail spaces, catering to the needs of a diverse clientele. The building's current configuration provides a solid foundation for immediate income generation, while the untapped potential for expansion promises significant long-term returns. This is a rare chance to acquire a versatile commercial property in a thriving downtown area, offering both immediate income and substantial future growth prospects. The asking price is $499,999. The property sits on a lot with no acreage listed. Serious inquiries are encouraged.
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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
Similar Nearby for Lease
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.