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Property profile & analytics

7827 La Highway 1 Addis, LA 70710

  • Commercial real estate
  • 0.59 lot acres
For Sale
Last Sale
Jun 18, 2021
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US36-1838505
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 7827 La Highway 1

Lot size
0.59 lot acres
Property type
Commercial real estate
APN
14830002800
APU
14830002800

Description

This Addis, Louisiana commercial property, located at 7827 S La Hwy 1, presents a unique investment opportunity. Priced at $200,000, this 0.59-acre lot offers a building currently zoned C1, suitable for a variety of uses including retail or office space. While the existing structure requires updates, it remains usable in its current condition. Prospective buyers should be aware that a survey of the property is required prior to closing, and the proposed use must receive approval from the City of Addis. This condition ensures compliance with local regulations and allows for a smooth transition of ownership. The property's location on S La Hwy 1 offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence in the Addis market. The 0.59-acre lot provides ample space for potential expansion or future development, adding to the property's long-term value. Serious inquiries are encouraged to explore this promising commercial real estate venture. The property's potential is significant, making it an ideal investment for those seeking a project with upside potential. The flexible zoning and prime location combine to create a compelling opportunity in the thriving Addis commercial landscape. All necessary due diligence, including the required survey and city approvals, should be factored into the acquisition process.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Addis
County
West Baton Rouge
State
Louisiana
Longitude
-91.259
Latitude
30.3562
CBSA code
12940
CBSA name
BATON ROUGE, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,102
$14,020
$35,110
$49,130
-
$140,200
$252,200
$392,400
More about this property
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