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Property profile & analytics
FOR SALE
Commercial real estate

713 S Pine St Vivian, LA 71082

4,032 SF 1 ac lot
Entity Owned 7-yr Hold Free & Clear
Property ID
US36-0877419
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Construction BRICK
Total area 4,032 SF
Lot 1 ac (43,560 SF)
APN 221626-110-0152-00
UPID US36-0877419
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
Current use
Occupant on record · Public records
  • Nick Rome - State Farm Insurance Agent Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
T & E Development LLC · 7 yrs held
T & E Development LLC
since 2019
1 recorded transaction
2019
$245,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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