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Property profile & analytics
OFF-MARKET
Banks

639 Madison Ave Bastrop, LA 71220-3833

Entity Owned Absentee Owner Free & Clear
Property ID
US36-2415057
Property summary
AI-generated overview

This exceptional 2,000 square-foot retail space, formerly occupied by B1 Bank, presents a fantastic opportunity in Bastrop, LA. Located at 639 E Madison Avenue, this end-cap unit boasts two convenient drive-thru lanes, ideal for maximizing customer access and efficiency. The interior has been completely renovated, offering a modern and energy-efficient workspace. The layout includes four private offices bathed in natural light, a spacious open floor plan, two restrooms, and a large kitchen/break area with ample space for expansion into additional meeting space. A dedicated data/file room and extra storage room provide ample organizational capabilities. The property benefits from abundant parking, enhanced by security lighting in both the parking lot and storefront areas. This thriving retail plaza enjoys a strong tenant mix, including Cost Plus Furniture, Climate Control Storage, From The Heart Designs, Raw Kutz International Barber & Beauty Shop, Jiffy Tax, Spin Spa Laundry, and Cover 2 Wings & Grill, ensuring high visibility and foot traffic. The asking price is $2,000. This property is ready for immediate occupancy.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
APN 1200007934
UPID US36-2415057
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
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
B1 BANK
B1 BANK
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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