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Property profile & analytics
OFF-MARKET
Commercial land

410 Madison Ave Bastrop, LA 71220-3760

Individually Owned Free & Clear
Property ID
US36-1954989
Property summary
AI-generated overview

This 2,871 square foot commercial property, located at 410 E Madison Avenue in Bastrop, Louisiana (zip code 71220), presents a fantastic opportunity. Situated on a corner lot, this office or mixed-use building underwent extensive renovations in 2022. Improvements include a new roof (installed in 2021), two new HVAC units, updated windows, new flooring, and modern light fixtures with remote controls. Both bathrooms have been fully remodeled, featuring new vanities and fresh paint throughout the building. The kitchen boasts ample counter space and updated appliances. The spacious rooms easily accommodate 5-6 office spaces, or could be configured as a main and secondary reception area. A wheelchair ramp ensures convenient access. Abundant built-in storage is available throughout the property. This turnkey property is ready for immediate occupancy and offers a blend of functionality and modern amenities. The asking price is $135,000.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
APN 5200153217
UPID US36-1954989
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
MARCIA COOK
MARCIA COOK
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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