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Property profile & analytics
OFF-MARKET
Commercial real estate

312 Central Ave Reserve, LA 70084

2,669 SF Built 1954
Property ID
US36-1874660
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Year built 1954
Total area 2,669 SF
UPID US36-1874660
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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