312 Central Ave Reserve, LA 70084
This exceptional 2,669 square foot property located at 312 Central Avenue in Reserve, Louisiana presents a unique investment opportunity. Situated in a historic district, this building offers significant potential for a variety of commercial uses, as confirmed by parish planning and zoning. While historically used as a residential property, its size and layout allow for adaptation to multiple commercial ventures. The structure boasts "good bones," providing a solid foundation for renovation and customization to suit your specific business needs. The existing configuration could be easily converted into apartments, should that align with your investment strategy. Adding to its appeal, the property features mature fruit and pecan trees, enhancing its curb appeal and offering potential additional income streams. The property is being offered at $90,000. Prospective buyers are strongly encouraged to independently verify permitted uses with the local planning and zoning department to ensure alignment with their intended business operations. This is a rare chance to acquire a substantial property in a desirable location with significant upside potential. Don't miss this chance to transform this historic building into a thriving commercial enterprise. The property is located in Reserve, LA. The lot size is zero acres. The property type is General Commercial.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.