Property profile

410 Madison Ave Bastrop, LA 71220

OFF-MARKET
Commercial land
Property ID
US36-1954989
Individually Owned Free & Clear
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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

Location

410 Madison Ave Bastrop, LA 71220-3760
Bastrop metro Census 950400 MONROE, LA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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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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