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    FOR SALE
    Office Spaces

    6865 Monroe Hwy, Ball, LA 71405

    0.38 ac lot
    Entity Owned 6-yr Hold ~ Est. High Equity
    Property ID
    US36-1378876
    Property summary
    AI-generated overview

    This 3,740 square foot commercial property boasts a highly desirable location on Highway 165 in Ball, Louisiana, offering exceptional visibility and accessibility. The property sits on a 0.96-acre lot and includes a full business center featuring a workshop with two roll-up doors and a 12-foot ceiling. This versatile space is ideal for a variety of uses, including a car dealership, construction company, auto shop, retail business with warehouse space, or a fulfillment and shipping center. The building offers a spacious front lobby, a conference room, three private offices, a kitchen, and a restroom. A separate storefront or office area with its own kitchenette and storage is also included. Ample parking is available, along with a large, security-fenced yard. The property is currently leased for $1850 per month, with a pre-determined escalation clause over the next five years. The lease has a fixed term and cannot be terminated early. This presents a unique opportunity for investors seeking a stable income stream with significant long-term potential. The high traffic count on Highway 165 ensures excellent exposure for any business. The owner may consider a sale or lease of the property. Don't miss this chance to establish your business in a thriving location.

    Property profile
    Verified
    Property type Office Spaces
    Use group OFFICE (GENERAL)
    Lot 0.38 ac (16,563 SF)
    APN 05-007-36006-0001
    UPID US36-1378876
    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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    by Request
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    Owner & transaction history
    Inspirational Properties LLC · 6 yrs held
    Inspirational Properties LLC
    since 2019
    2 recorded transactions
    2019
    $170,000
    2017
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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