916 Tillman St Westlake, LA 70669
This exceptional 0.35-acre mixed-use property in Westlake, LA, presents a rare investment opportunity. Situated on a corner lot at 916 Tillman Street, Unit 916, it benefits from a prime location on the city's main north/south corridor, boasting the highest traffic count. The property features approximately 140 feet of frontage on Sampson Street and 105 feet on Tillman Street, ensuring maximum visibility. Currently occupied by Acadian Ambulance on a month-to-month lease, the existing 1,000 square foot (estimated) home is in decent condition and could continue to serve as residential or commercial space. However, the home's value is not factored into the $225,000 list price, which is based solely on the land value. The seller will not make any repairs to the existing structure. This property's strategic location directly across from St. John Bosco and adjacent to a commercial property (also for sale) further enhances its appeal. Thousands of people pass this location daily due to its proximity to Westlake's industrial plants and refineries. The property is located in Flood Zone X. For those seeking a larger footprint, an adjacent property (SWL24000495) offering an additional 100 feet of Sampson Street frontage and a commercial building is also available for purchase.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.