5197 Texas Hwy Many, LA 71449
This unique commercial property in Many, Louisiana, presents a compelling investment opportunity. Situated on approximately 0.839 acres (exact acreage to be verified before closing) at 5197 Texas Highway, the property features a 2,000 square-foot cinder block main building constructed in 1960, complemented by a newer attached warehouse with a garage area. The main building includes a storefront with pavilions and a rear efficiency apartment complete with a full bath and kitchenette. A significant upgrade was the installation of a new roof in 2018. The building is equipped for central heating and air conditioning. Adding further versatility is a newly constructed (2021-2022) separate BBQ house. The sale includes existing inventory, displays, equipment, and furnishings. Utilities consist of SWEPCO electric, City of Many water, and a septic system. The property is conveniently located southwest of Many and east of Toledo Bend Reservoir. Parcel number is 0030141100. Please note that a neighboring house is not included in this sale, but is available separately.
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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