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    Property profile & analytics
    OFF-MARKET Estimated value $1,495,000
    Office Spaces

    3220 Macarthur Dr, Alexandria, LA 71301-2931

    2 ac lot
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US36-1239893
    Property summary
    AI-generated overview

    This exceptional commercial property, situated at 3220 MacArthur Drive in Alexandria, Louisiana, presents a remarkable opportunity. The property boasts a prime location at a major four-way intersection of South MacArthur Drive and Sterkx Road, ensuring unparalleled visibility and accessibility. The site encompasses 5.3 acres of land and includes a substantial main building and showroom totaling 8,000 square feet, a 10,500 square-foot service facility, a 4,000 square-foot building, and a 4,500 square-foot metal shop. The property also features approximately 3 acres of concrete parking, ideal for inventory and service operations. Additional undeveloped land at the rear of the property offers significant potential for future expansion. The surrounding area is characterized by a thriving commercial environment, with nearby establishments including Walk-Ons Sports Bar and Grill, Johnny Carino's, Outback Steakhouse, Whataburger, Popeyes, Burger King, McDonald's, and Academy Sports + Outdoors. This location offers a significant cost advantage compared to new construction, making it an attractive option for businesses seeking a ready-to-occupy space. The total building square footage is 97,888 square feet. The property is currently available for purchase at $1,995,000.

    Property profile
    Verified
    Property type Office Spaces
    Use group OFFICE (GENERAL)
    Lot 2 ac (87,120 SF)
    APN 23-047-33034-0003
    UPID US36-1239893
    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
    • M & M Hyundai Car Dealership
    • Giles Hyundai Car Dealership
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.43M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.50M
    Owner & transaction history
    Progressive Tractor Holdings LLC · 1 yrs held
    Progressive Tractor Holdings LLC
    since 2025
    Last sale
    $1.6M
    1 recorded transaction
    2025
    $1.6M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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