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    OFF-MARKET
    Investment properties

    3121 Van Buren St, Baker, LA 70714-3464

    11,000 SF 1 ac lot Built 1969
    Individually Owned 3-yr Hold Free & Clear
    Property ID
    US36-0751877
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Investment properties
    Use group STORE/OFFICE (MIXED USE)
    Year built 1969
    Total area 11,000 SF
    Lot 1 ac (43,560 SF)
    APN 1528939
    UPID US36-0751877
    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
    Current use
    Occupant on record · Public records
    • Rickey L. Prewitt, DC Alternative Medicine Practice
    • The Example Apostolic Ministries Church
    • Prewitt Chiropractic Clinic Alternative Medicine Practice
    • Sportsman's Credit LLC Loan Service
    • www lenardtillery com Wedding Service
    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
    The Example Apostolic Ministries · 3 yrs held
    The Example Apostolic Ministries
    since 2023
    Last sale
    $210,000
    4 recorded transactions
    2023
    $210,000
    2019
    2019
    $210,000
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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