906 Oak St Amite, LA 70422-2753
This prime commercial property, located at 906 W Oak St in Amite City, Louisiana, 70422, offers 900 square feet of retail space in a high-traffic area. Built in 2015, this single building sits on a 0.45-acre lot and is zoned for commercial use. Previously a Smoothie King, the property features a drive-thru, ample parking, and is ideally suited for a variety of uses including pharmacy/drug store, quick-service restaurant (QSR), or full-service restaurant. Its convenient location on the main highway offers excellent visibility and accessibility, with easy ingress and egress from the parking lot. The property benefits from proximity to major retailers such as Burger King, Taco Bell, PJ's Coffee, McDonald's, Walmart Supercenter, Wendy's, Sonic, hotels, AutoZone, and gas stations. Its location less than half a mile from Interstate 55 ensures high daily traffic volume. The existing drive-thru and ample parking create opportunities for multiple income streams, making this a potentially lucrative investment. The asking price is $629,000.
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
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Property description
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Risks
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