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Property profile & analytics
FOR SALE
Retail properties & Spaces

5408 Highway 527 Haughton, LA 71037

2,150 SF 2.03 ac lot Built 2003
Property ID
US36-1059093
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2003
Total area 2,150 SF
Lot 2.03 ac (88,427 SF)
UPID US36-1059093
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
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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