Technical
Financial
Distress signals
Property profile

3150 Macarthur Dr Alexandria, LA 71303

OFF-MARKET
Community centers
Property ID
US36-2431799
12,534 SF 2.01 ac lot Built 2016
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 2,500 square foot retail space is situated in a brand-new shopping center (renovated 2023) on MacArthur Drive, Alexandria's busiest thoroughfare. The entire building is currently vacant, presenting a unique opportunity for a single tenant to occupy the entire space or for multiple tenants to lease individual units. The property boasts a convenient single-story design, offering easy access and ample visibility. With a total lot size of 2.01 acres, there is significant space for parking and potential future expansion. The building is classified as Class C and features municipal/electric power. The property's location on the frontage road of MacArthur Drive ensures high traffic volume and excellent exposure to potential customers. Ideal for a variety of uses, including retail stores, restaurants, or professional offices, this property offers a rare chance to establish a business in a high-demand area. The property's APN is 24021008010003. This is a fully renovated, modern space ready for immediate occupancy. The flexible floor plan allows for customization to suit a variety of business needs. Don't miss this opportunity to secure a prime retail location in a thriving Central Louisiana market.

Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 2016
Total area 12,534 SF
Lot 2.01 ac (87,556 SF)
APN 24-021-00801-0003
UPID US36-2431799

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Discount Store Party Supply Store
  • Bakery Specialty Food Shop
  • Restaurant
  • Nail Salon

Location

3150 Macarthur Dr Alexandria, LA 71303-4128
Alexandria metro Census 13800 ALEXANDRIA, LA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$345k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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