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Property profile & analytics
OFF-MARKET
Estimated value
$740,000
Office buildings
5905 Coliseum Blvd Alexandria, LA 71303-3715
Entity Owned
Absentee Owner
Free & Clear
Property ID
US36-1316635
Property summary
AI-generated overview
This exceptional 2-acre commercial land parcel, located at 5905 Coliseum Blvd in Alexandria, Louisiana (APN: 2402767016000901), presents a unique investment opportunity. Priced at $995,000 ($497,500/acre), this property boasts a highly desirable location in a rapidly growing area of Alexandria. Situated on Highway 28W, it benefits from exceptional visibility and accessibility, enjoying proximity to major retailers such as Loewer Power Sports and Wal-Mart Super Center, as well as numerous restaurants and other retail establishments. The COMMERCIAL zoning allows for a wide range of development options, making it ideal for a variety of uses including professional offices, restaurants, or retail businesses. This prime piece of real estate offers significant potential for growth and return on investment in a thriving commercial corridor. The property is privately owned and ready for immediate development. The address is 5905 Coliseum Blvd, Alexandria, LA 71303.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Lot
2.18 ac (94,874 SF)
APN
24-027-67016-0009
UPID
US36-1316635
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
AI Approach
AI
$740k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$740k
Owner & transaction history
C G C ENTERPRISES LLC · 2 yrs held
C G C ENTERPRISES LLC
since 2024
Last sale
$737,500
1 recorded transaction
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
$740,000
ML approach
$740,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$740k
Range $666k – $814k · ±10% · vs last sale $738k (Oct 16 2024)
Last sale anchor
$738k
Oct 16 2024
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
—
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
$7,294
Tax year 2023
Assessed value
$57,000
Assessed 2023
Previous assessed
$57,000
+0.0% YoY
Effective rate
12.80%
On assessed value
Assessed land
$57,000
Land market value
$570,000
Total market value
$570,000
Applied tax rate
8.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Heating
NONE
Lot
2.18 ac (94,874 SF)
APN
24-027-67016-0009
UPID
US36-1316635
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
Building & site characteristics
From public records
Heating
NONE
Lot
2.18 ac
Current owner
From public records · entity-resolved
C G C ENTERPRISES LLC
Entity
Free & Clear · 2 yrs held
Mailing address
300 LANCELOT DR, ALEXANDRIA, LA 71303-2568
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 16, 2024
$737,500
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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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