5408 Highway 527 Haughton, LA 71037
For Sale
1 / 2
This exceptional 2,150 square foot retail property, situated on a 2.03-acre lot at 5408 Highway 527 in Haughton, Louisiana, presents a unique investment opportunity. Located at a high-traffic intersection, this property is ideally suited for a restaurant, benefiting from its proximity to the Lake Bistineau community and the absence of competing restaurants within a considerable radius. The building is already equipped for food service, featuring a 1,000-gallon grease trap, a fully functional kitchen, and a dedicated office space. Security cameras are installed for enhanced safety and peace of mind. The open floor plan and expansive parking lot offer significant adaptability for various commercial uses. Detailed financial records from the previous restaurant operation are available upon request, providing valuable insights into the property's potential. Significant infrastructure investments are already in place, including a 2,000 GPD extended aeration Delta septic system and a 1,000-gallon grease trap tank, estimated at a $40,000 value. The building boasts robust construction, utilizing full-span 14-inch steel beams and 10-foot metal studs. Underground power and efficient climate control are ensured with 5-ton and 3-ton AC units. Importantly, the property lies outside the 500-year flood zone, mitigating flood risk. This turnkey operation offers immediate potential for a new business venture or a savvy investment. The asking price is $158,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.