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Property profile & analytics
OFF-MARKET
Estimated value
$665,000
Community centers
5532 Jackson St Alexandria, LA 71303-2586
Entity Owned
12-yr Hold
Free & Clear
Property ID
US36-1192619
Property summary
AI-generated overview
This exceptional 900-square-foot retail space is ideally situated at 5532 Jackson Street #B, Alexandria, LA 71303. Built in 2000, this single-story building offers a versatile space perfect for a salon, boutique, or other professional services. The property boasts municipal/electric power and is zoned for commercial use. The location is described as being in the heart of Alexandria on Jackson Street, making it an excellent opportunity for a new or expanding business. The space is currently vacant and ready for immediate occupancy. While this listing focuses on the 900 square foot unit (MLS# 2441911), a second, adjacent space of approximately 1100 square feet (MLS# 2442843) with a drive-thru is also available, presenting the possibility of combining both units for a total of approximately 2000 square feet. This property presents a unique opportunity in a thriving commercial area. The property consists of one building and is conveniently located in Alexandria, Louisiana, zip code 71303.
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2014
Total area
5,700 SF
APN
23-009-05000-0002
UPID
US36-1192619
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
-
Johnny's Pizza House Restaurant
-
Hairology Studio Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$665k
Owner & transaction history
Jackson Street Plaza LLC · 12 yrs held
Jackson Street Plaza LLC
since 2014
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Alexandria submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Alexandria submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$735,000
Change: 0% · Conversion: Easy
Blend value · Realmo final
$665k
Range $599k – $732k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$117 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$11,025
Tax year 2023
Assessed value
$101,900
Assessed 2023
Previous assessed
$101,900
+0.0% YoY
Effective rate
10.82%
On assessed value
Assessed land
$23,900
Assessed improvement
$78,000
Land market value
$239,000
Improvement market value
$520,000
Total market value
$759,000
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
2014
Heating
NONE
Total area
5,700 SF
APN
23-009-05000-0002
UPID
US36-1192619
Jurisdiction
RAPIDES
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$735,000
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2014
Heating
NONE
Current owner
From public records · entity-resolved
Jackson Street Plaza LLC
Entity
Free & Clear · 12 yrs held
Mailing address
PO BOX 11903, ALEXANDRIA, LA 71315-1903
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 10, 2022
—
Jackson Street Plaza LLC
—
Deed
related
$890,000 · The Evangeline Bank & Trust Co
Mar 20, 2014
$450,000
Jackson Street Plaza LLC
Marks Jackson Street Plaza LLC
Deed
—
Jul 31, 2009
$230,000
Marks Jackson Street Properties LLC
Donna Hixson Yarbrough
Cash Sale Deed
$195,500 · Sabine State Bank & Trust Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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