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Property profile & analytics
OFF-MARKET
Commercial real estate

316 Tamarack St Sulphur, LA 70663

Property ID
US36-1381538
Property summary
AI-generated overview

This exceptional commercial property at 316 Tamarack Street in Sulphur, Louisiana, presents a unique investment opportunity. Priced at $199,000, this special-purpose land boasts two fully renovated homes, offering significant rental income potential or the flexibility for owner-occupancy. The property's prime location near the Grove at Heritage Square places it in the heart of Sulphur, providing easy access to local amenities and attractions. The larger, 1700 square foot home features two bedrooms, two full bathrooms, two living areas, a modern kitchen with a separate dining area, high 9-foot ceilings, and a spacious pantry/laundry room. The smaller, 700 square foot home offers one large (12x20 ft) bedroom, a well-appointed kitchen, and a full bathroom. Both homes have undergone recent renovations, including new roofs installed after 2020, fresh interior and exterior paint, and updated kitchens and bathrooms. Each home is equipped with a washer, dryer, refrigerator, dishwasher, and range/oven, ensuring immediate occupancy or rental readiness. This property is ideal for investors seeking a high return on investment or individuals looking for a unique dual-living arrangement in a desirable location. The property is situated in Calcasieu Parish, Louisiana, with a zip code of 70663. The coordinates are 30.2290177 latitude and -93.3743928 longitude.

Property profile
Verified
Property type Commercial real estate
UPID US36-1381538
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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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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