934 3rd St
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Investment Highlights
- Located in the Museum District in the heart of Alexandria!
- Easy access to Interstate 95 and 1 block from the bus station.
- 11 story office tower directly across the street from the city convention hall.
- Surrounded by food and shopping with a pharmacy right next door.
Executive Summary
Current vacant building with opportunity for a makeover for great potential located in the heart of Alexandria! Spanning an area of 27 square miles, the city of Alexandria is the largest city in central Louisiana with a population of around 48,000 people. This moderately-sized city has a consistently rising population and has been undergoing revitalization in recent years. This property is about 8 miles from Alexandria International Airport with easy access to U.S. Route 165 and Interstate 49.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
60,000 SF
Building Class
B
Year Built
1921
Price
$1,900,000
Price Per SF
$32
Percent Leased
100%
Tenancy
Multiple
Building Height
11 Stories
Typical Floor Size
5,000 SF
Building FAR
2.75
Lot Size
0.50 AC
Opportunity Zone
Yes
Bike Score ®
Very Bikeable (87)
DEMOGRAPHICS
Demographics
1 Mile
3 Mile
5 Mile
2020 Population
3,682
33,845
69,342
2024 Population
4,191
35,807
69,919
Population Growth '20-'24
13.8%
5.8%
0.8%
2020 Households
1,617
13,848
28,218
2024 Households
1,839
14,617
28,408
Household Growth '20-'24
13.7%
5.6%
0.7%
Average Age
40
39
39
Median Household Income
$28,353
$32,826
$40,609
Daytime Employees
12,113
41,062
71,656
Total Businesses
860
3,716
5,821
College Degree + Higher
9%
13%
21%
PROPERTY TAXES
Parcel Number | 24-007-00180-0050 | Improvements Assessment | $188,250 |
Land Assessment | $8,000 | Total Assessment | $196,250 |
PROPERTY TAXES
Parcel Number
24-007-00180-0050
Land Assessment
$8,000
Improvements Assessment
$188,250
Total Assessment
$196,250
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934 3rd St
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