645 Railroad Ave Independence, LA 70443
This exceptional 1,800 square foot commercial property is ideally situated on the bustling US Highway 51 (W. Railroad Avenue) in Independence, Louisiana. Its prime location offers unparalleled visibility and accessibility for businesses seeking a strong foothold in a thriving community. The building presents a versatile space suitable for a wide range of commercial uses, including office spaces, retail establishments, or a combination thereof. The ample square footage allows for flexible layouts to accommodate diverse business needs. The property's frontage on a major highway ensures high traffic volume, maximizing exposure to potential customers and clients. This presents a unique opportunity for businesses to establish a prominent presence in a high-traffic area with significant growth potential. The asking price of $160,000 represents a compelling investment opportunity in a desirable location. Serious inquiries are encouraged to explore the possibilities this property offers. The property sits on a lot with no acreage specified. This property is zoned for general commercial use. The building's interior is ready for immediate occupancy and customization to suit the needs of the new owner. Don't miss this chance to secure a valuable commercial asset in a prime location.
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State Farm Insurance Insurance Agency
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The Coin Man (Bike/Boat/Book/etc) Store
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.