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Property profile & analytics
OFF-MARKET
Commercial real estate

5791 Hwy 191 Converse, LA 71419-3150

900 SF 2 ac lot Built 1980
Individually Owned Absentee Owner Free & Clear
Property ID
US36-1769078
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1980
Total area 900 SF
Lot 2 ac (87,120 SF)
APN 60101100
UPID US36-1769078
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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Owner & transaction history
TRAVIS STRAHAN
TRAVIS STRAHAN
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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