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Property profile & analytics
OFF-MARKET
Commercial real estate

7827 La Hwy 1st S Addis, LA 70710-2300

0.59 ac lot
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US36-1838505
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.59 ac (25,700 SF)
APN 14830002800
UPID US36-1838505
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Afn Absprop 2 LLC · 5 yrs held
Afn Absprop 2 LLC
since 2021
3 recorded transactions
2025
Price N/A
2021
Price N/A
2021
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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