$154,000
$250,000
38.4%For more information regarding the value of a property, please contact us for a free consultation.
0.93 Acres Lot
SOLD DATE : 05/20/2022
Key Details
Sold Price $154,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 2346276
Sold Date 05/20/22
Construction Status Resale
HOA Y/N No
Year Built 1985
Lot Size 0.930 Acres
Acres 0.93
Property Description
Industrial/warehouse property surrounded by industrial improvements, general area developed with Commercial/industrial improvements, good access to interstate system. A very good Commercial investment opportunity with Gross rental income of approx $28,000 with a net of $21,500. (Capitalization rate of Approx 8 -9%) for investment.
Price per sq ft is very competitive compared to other properties in local area, including Houma, and Morgan City.
Location
State LA
County St. Mary
Community Common Grounds/Area
Interior
Fireplace No
Exterior
Parking Features Off Street
Community Features Common Grounds/Area
Water Access Desc Public
Building
Lot Description 1 or More Acres, City Lot, Irregular Lot
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Construction Status Resale
Others
Tax ID 703401133JACKSONRD6&7
Financing Cash
Special Listing Condition None
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Bought with COLDWELL BANKER LARUSSA REAL ESTATE
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
6803 Press Drive # 170, Orleans, Louisiana, 70126, United States