713 S Pine St Vivian, LA 71082
For Sale
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This exceptional 4,482 square foot commercial building is strategically located on LA Highway 1 in Vivian, Louisiana, directly adjacent to the North Caddo Medical Center. Boasting high visibility and a prominent position, this property has served as the location of a successful insurance agency for over 40 years. The building is currently owner-occupied, presenting a unique opportunity for a new owner to continue the established presence or adapt the space to suit their specific business needs. The 0.46-acre lot provides ample space for parking and potential expansion. The property is zoned B-2, allowing for a variety of commercial uses. The building's long-standing history and prime location make it an attractive investment opportunity for businesses seeking a well-established presence in a thriving community. The substantial square footage offers flexibility for various configurations, catering to diverse business requirements. The proximity to the North Caddo Medical Center ensures high traffic and visibility, attracting a steady stream of potential clients. This property presents a rare chance to acquire a well-established commercial building in a desirable location with significant growth potential. Serious inquiries are encouraged.
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Nick Rome - State Farm Insurance Agent Insurance Agency
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
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.