3121 Van Buren St, Baker, LA 70714-3464
This exceptional 10,960 square foot property, located at 3121 Van Buren St in Baker, Louisiana, presents a unique investment opportunity. Recently renovated to the tune of $150,000, this versatile space is ideally suited for a variety of uses, including medical office, shopping center, or traditional office space. The building comprises five suites of varying sizes, offering flexibility for a single owner-occupant or an investor seeking rental income. Currently, the property houses a church and a chiropractic clinic, which has occupied the space for 30 years, demonstrating its long-term viability. Its past uses have included a furniture store, theater, and campaign office, highlighting its adaptability. Situated conveniently off Main Street, this property enjoys a prime location adjacent to a new Fast Pace Health Urgent Care facility, the future site of Benny's Car Wash, and Furr's Shopping Center. Its proximity to Baker High School further enhances its appeal. Ample parking and excellent signage opportunities ensure high visibility and accessibility for any business. The asking price for this exceptional property is $1,000,000. This is a rare chance to acquire a well-maintained, multi-use property in a thriving location with significant income potential.
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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.