Property profile

9373 Florida Blvd Walker, LA 70785

FOR SALE
Commercial real estate
Property ID
US36-1424462
0.31 ac lot
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1,479 square foot commercial building, situated on a 0.32-acre lot at 9373 Florida Blvd in Walker, LA, presents a remarkable investment opportunity. Currently operating as a thriving salon, complete with multiple stylist stations and washing stations, this property boasts immediate income-producing potential. The interior is thoughtfully designed, maximizing space and functionality. A convenient kitchen with an eating area caters to staff needs, while washer and dryer connections enhance operational efficiency. Ample parking is available both at the front and rear of the building, ensuring convenient access for customers and employees. The flexible layout allows for diverse business applications, making it ideal for boutiques, office spaces, or other service-oriented enterprises. Its high-traffic location guarantees significant visibility and accessibility, making it an attractive proposition for entrepreneurs seeking a profitable venture. The asking price is $299,900. This property offers a unique blend of established income and adaptable space, promising a strong return on investment. Don't miss this chance to acquire a prime commercial property in a thriving Walker, LA location.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.31 ac (13,504 SF)
APN 324715
UPID US36-1424462

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hair Salon

Location

9373 Florida Blvd Walker, LA 70785
Walker metro Census 40404 BATON ROUGE, LA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$230k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$230k

Owner & transaction history

since 2017
1 recorded transaction
2017
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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