0.79

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0.79

Bogalusa, LA 70427
Asking Price
$28K
Asset Type
Land
Class
Class B

What's Special

Located at 0.79 acres in Bogalusa, Louisiana, this commercial land parcel sits within a developed corridor characterized by a mix of established local businesses and residential pockets. The site offers direct road frontage, providing visibility and straightforward access for vehicles. Essential infrastructure and municipal services are available in the immediate area. Nearby amenities include local retail centers, dining options, and public facilities, while regional connectivity is supported by proximity to State Highway 21 and State Highway 10, facilitating transit across Washington Parish. The property’s zoning and footprint are suitable for various commercial applications, such as small-scale retail outlets, professional office builds, or specialty service facilities. Ideal use cases include a drive-thru establishment or a neighborhood-oriented business looking for a signature footprint. The typical tenant profile includes local entrepreneurs, regional developers, or service providers seeking a mid-sized lot with high accessibility. The flat topography of the site minimizes preliminary site preparation requirements for new construction projects.

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NOI
$80,000
Cap Rate
290.91%
DSCR
49.00
Strong
Cash-on-Cash
949.91%
Monthly Payment
$136.055
Annual Cash Flow
$78,367.34

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