1918 Louisiana 22

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1918 Louisiana 22

Madisonville, LA 70447
Asking Price
$400K
Asset Type
Commercial Retail
Class
Class B

What's Special

HC-1 Commercial Land For Sale | 1918 LA-22 | Madisonville, LA <ul><li>​<span style="color: rgba(3, 7, 18, 1)">±0.6542 acres (±28,497 SF)</span></li><li>​<span style="color: rgba(3, 7, 18, 1)">Zoned HC-1</span></li><li>​<span style="color: rgba(3, 7, 18, 1)">Approximately 101.45 feet of HWY 22 frontage</span></li><li>​<span style="color: rgba(3, 7, 18, 1)">Approximately 13,016 VPD</span></li><li>​<span style="color: rgba(3, 7, 18, 1)">High-visibility commercial corridor</span></li><li>​<span style="color: rgba(3, 7, 18, 1)">Convenient ingress and egress</sp

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NOI
$80,000
Cap Rate
20.00%
DSCR
3.37
Strong
Cash-on-Cash
46.88%
Monthly Payment
$1,978.982
Annual Cash Flow
$56,252.219

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