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Property profile & analytics
OFF-MARKET
Mixed-use properties

916 Tillman St Westlake, LA 70669

1,000 SF 0.35 ac lot
Property ID
US36-1356705
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Mixed-use properties
Total area 1,000 SF
Lot 0.35 ac (15,246 SF)
UPID US36-1356705
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
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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