418 Tarbutton Rd Ruston, LA 71270
This exceptional 3.18-acre commercial property boasts 280 feet of road frontage on Tarbutton Road, offering unparalleled visibility and accessibility. Its prime location directly borders the planned Buc-ee's development, slated for completion in 2026, promising significant future appreciation. The property includes a 2,063 square foot, four-bedroom, two-bathroom house currently rented for $1,599 per month, providing immediate income potential. The home features updated granite countertops and cabinets, tile flooring in the living, kitchen, and dining areas, and a spacious master suite with a private fireplace. Exterior updates, including roof and paint, were completed in early 2018. The property is conveniently located less than two miles from Louisiana Tech University, outside city limits, and easily accessible from I-20. The entire 3.18-acre lot is fenced. All measurements and information should be independently verified by the buyer. This property is being offered as a 1031 tax exchange. Please note that the property is currently tenant-occupied, and a 24-hour notice is required for showings.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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