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Property profile & analytics
FOR SALE
Drive through restaurants

4108 Coliseum Blvd Alexandria, LA 71303

3,040 SF Built 1961
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US36-1188264
Property summary
AI-generated overview

This exceptional 1.2-acre commercial pad site, located at 4108 Coliseum Blvd in Alexandria, Louisiana, presents a unique investment opportunity. The property boasts 220 feet of frontage on the Coliseum Boulevard service road, ensuring high visibility and accessibility for potential tenants. Currently vacant, this Class C retail space is ideal for a variety of uses, including pharmacy/drug stores, quick-service restaurants (QSR), or other restaurants. The single-story building sits on a spacious lot, offering ample room for development and expansion. The property is offered at an asking price of $449,000 with a NNN lease type. Its strategic location in a high-traffic area guarantees significant exposure and potential for strong returns. The property's zoning allows for a diverse range of businesses, making it an attractive option for investors seeking a versatile and high-impact commercial investment in a thriving Louisiana market. The address is 4108 Coliseum Blvd, Alexandria, LA 71303, within Rapides Parish. This is a truly exceptional opportunity to acquire a highly visible and well-positioned commercial property in a prime location.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1961
Total area 3,040 SF
APN 24-029-04070-0001
UPID US36-1188264
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
  • PJ's Coffee Catering Service Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Ahresns Interest LLC · 4 yrs held
Ahresns Interest LLC
since 2021
Last sale
$280,000
2 recorded transactions
2021
Price N/A
2020
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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