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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
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Abek Real Estate
Broker | License ID: BROK.995702517-CORP
Broker License ID: BROK.995702517-CORP