5791 Hwy 191 Converse, LA 71419-3150
This exceptional commercial property, located at 5791 Highway 191 in Converse, Louisiana, presents a unique investment opportunity. Priced at $150,000, this property boasts a prime location at the intersection of Highways 191 and 174, ensuring high visibility and traffic flow. The main building, formerly a restaurant, offers approximately 1,000 square feet of retail space, including a half-bath. An additional structure on the site provides ample storage. The property is being sold "as is," but its potential is undeniable, offering a chance to establish a business in a location currently lacking other commercial options. The expansive lot size of approximately two acres allows for future expansion or development. Situated in Sabine Parish, Louisiana, with a zip code of 71419, this property is ideally positioned to capitalize on the area's growth. The property's strategic location and significant land area make it an attractive proposition for entrepreneurs seeking a high-traffic location with room to grow. This is a rare opportunity to own the only commercial property in a high-traffic area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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.