Rapides Parish
Commercial Building With Income And Extra Lot For Expansion
2620 Hwy 28E Pineville, LA 71360
Media
Description
Investment opportunities with both current cash flow and future development potential are increasingly difficult to find in Central Louisiana. This commercial property offers both, positioned at the signalized intersection of Highway 28 East and Pinegrove Drive in Pineville - one of the city's most heavily traveled commercial corridors. The existing commercial building is divided among four tenants, each currently operating under month-to-month lease agreements. This structure provides immediate rental income while allowing a future owner the flexibility to renegotiate lease terms, pursue long-term tenancy, redevelop portions of the property, or occupy space for their own business if desired. Visibility is one of the property's strongest assets. Thousands of vehicles travel this intersection daily, providing excellent exposure for retail, office, service-oriented businesses, or other commercial enterprises. Highway frontage, easy ingress and egress, and surrounding established businesses contribute to the property's long-term commercial appeal. In addition to the existing improvements, the property includes a substantial vacant area behind the building that offers valuable expansion opportunities. Whether adding another commercial building, constructing additional office or retail space, increasing parking capacity, or developing the site for complementary commercial uses, the additional land provides flexibility that is increasingly difficult to find within the Pineville market. Its location also places the property within minutes of downtown Alexandria, the medical district, schools, shopping centers, restaurants, and other major commercial destinations throughout the Alexandria-Pineville area. Highway 28 serves as a major east-west transportation route, providing convenient access for customers, employees, and service providers. For investors, the combination of existing rental income and development potential creates multiple avenues for increasing property value over time. For business owners, the site offers the opportunity to establish a highly visible commercial presence while benefiting from existing income generated by current tenants. Commercial properties offering an established tenant base, expansion acreage, and a prominent corner location are uncommon in this market. Whether your investment strategy focuses on income production, redevelopment, or long-term appreciation through future commercial expansion, this property presents a versatile opportunity in one of Pineville's most active commercial areas. Contact us today for additional information or to schedule a private showing.
Summary
Address
Property
Details
- Commercial investment property at the corner of Highway 28 East and Pinegrove Drive
- Four occupied tenant spaces providing immediate rental income
- All tenants currently on month-to-month leases
- Large vacant lot behind the existing building with development potential
- Excellent visibility from one of Pineville's busiest intersections
- Highway frontage with convenient access
- Approximately 4 miles to downtown Alexandria
- Flexible opportunity for investors, developers, or owner-operators
- Established commercial location surrounded by retail and service businesses
- Opportunity to expand existing improvements or construct an additional commercial building
- 1.5 hours from Monroe
- 7 minutes from Alexandria
- 1 hour from Natchotiches
Other
Coordinates
Annual Taxes
The information contained herein is deemed reliable but is not warranted or guaranteed by the Broker, its Agents, or the Seller. Access to property, access to utilities, or any measurements including but not limited to, acreage, square footage, frontage, and mapping boundary lines shared herein has not been independently verified and is for purposes of marketing only. If exact measurements, access to property, or access to utilities is a concern, the property should be independently measured or investigated by the prospective buyer.
COOPERATING BROKER COMPENSATION: Please contact Listing Agent/Broker for terms of cooperating Buyer Broker compensation. Terms of compensation, if any, shall be ascertained by cooperating brokers before beginning efforts to accept the offer of cooperation. Buyer's Agents/Brokers must be identified, by Buyers and/or their Brokers/Agents, on the first contact with Listing Broker/Agents to receive compensation. Otherwise, compensation will be at the sole discretion of the Seller, Broker, and Whitetail Properties Real Estate, LLC.
Real Estate Commissions and Cooperating Broker Compensation, if any, are fully negotiable and is not fixed or controlled by law, by Whitetail Properties Real Estate, LLC (or any division/trade name/DBA of), or its Agents/Brokers.
The information contained herein is deemed reliable but is not warranted or guaranteed by the Broker or Seller. The Broker (Whitetail Properties) does not assume liability for typographical errors, misprints, nor for misinformation that may have been given to us. All property is subject to change, withdrawal, or prior sale. Whitetail Properties Real Estate, LLC DBA Whitetail Properties, DBA Whitetail Properties Real Estate. In the States of Nebraska & North Dakota DBA Whitetail Trophy Properties Real Estate LLC. Licensed in CO, MN, ND, SD, TN & WI - Jeffrey Evans, Broker. Licensed in FL, KS & MO - Jefferson Kirk Gilbert, Broker. Licensed in TX - Joey Bellington, Broker. Licensed in IN - Dan Bates, Broker. Licensed in AL, MS, LA, - Todd Edwards, Broker. Licensed in TN – Thomas Crutcher, Broker. Licensed in TN & MS- Josh Monk, Broker. Licensed in AR - Anthony Chrisco, Broker. Licensed in NC, SC, VA - Chip Camp, Broker. Licensed in IA, - Richard F. Baugh, Broker. Licensed in IL, MI – Ronnie Strong, Broker. Licensed in IL, MD, WV - Debbie S. Laux, Broker. Licensed in ID, MT, OR, UT, WA, WY & NV, AZ - Aaron Milliken, Broker. Licensed in NY - John Myers, Real Estate Broker. Licensed in OK - Dean Anderson, Broker. Licensed in KY, ME, NH, NM & VT - Derek Fisher, Broker. Licensed in OH - Jeremy Schaefer, Principal Broker. Licensed in NE - Jason Schendt, Broker. Licensed in PA- Jack Brown, Broker. Licensed in GA – Grantson Martin, Broker.