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1508 HWY 22
Madisonville, LA 70447
Asking Price
$2.61M
Asset Type
Commercial Land
Class
Class B
What's Special
6 Acres LA-22 | HC-3 <ul><li><span style="color: rgba(55, 65, 81, 1)">±6.0 acres (±261,360 SF)</span></li><li><span style="color: rgba(55, 65, 81, 1)">Zoned HC-3 (Highway Commercial)</span></li><li><span style="color: rgba(55, 65, 81, 1)">Corner location at Hwy 22 & Perrilloux Rd</span></li><li><span style="color: rgba(55, 65, 81, 1)">Approximately 554.5 feet of Highway 22 frontage</span></li><li><span style="color: rgba(55, 65, 81, 1)">Approximately 13,016 vehicles per day</span></li><li><span style="color: r
Free Valuation Calculator
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NOI
$80,000
Cap Rate
3.06%
DSCR
0.52
Underwater
Cash-on-Cash
-9.59%
Monthly Payment
$12,930.667
Annual Cash Flow
$-75,168.001
