504 N EE Wallace Blvd - Storefront FOR SALE


Ferriday, LA 71334
$75,000 USD
305-206-1286
504 N EE Wallace Blvd, Ferriday, LA for Sale
$75,000 USD
Storefront - FOR SALE
1/12
null | Request Cap Rate

504 N EE Wallace Blvd
Ferriday, LA 71334


HIGHLIGHTS

  • ABSOLUTE $1 AUCTION | Former Family Dollar | Built 2011 | 11K VPD | AUCTION SEPTEMBER 22-24
  • ±11,913 VPD Highway Frontage on Hard Corner: US Highway 425 (EE Wallace Blvd) frontage with Signalized corner nearby.
  • ±8,330 SF Freestanding Retail Built 2011: Former Family Dollar offers an open floor plan, rear storage room, and delivery door.
  • National Retailers Nearby: Circle K, AutoZone, Sonic, KFC, Dollar General, Ace Hardware, and U-Haul anchor surrounding area.
  • Gateway Location Near Mississippi Border: Site sits ±12 miles from Natchez, Mississippi, drawing cross-river regional shopper traffic.
  • Absolute $1 Auction – NO RESERVE!

OVERVIEW

Brokered by Marcus & Millichap, 504 EE Wallace Blvd in Ferriday, Louisiana is a vacant, ±8,330-square-foot freestanding retail building offered at a substantial discount to replacement cost. Constructed in 2011 on a ±0.964-acre hard-corner parcel with 42 surface parking spaces and a single curb cut, the property fronts and is visible from US Highway 425 (EE Wallace Blvd), which carries ±11,913 vehicles per day, plus secondary frontage on Tennessee Avenue. Formerly leased to Family Dollar under a triple-net structure, the 20.5-foot-high building is fully built out with an open sales floor, rear storage room, and side delivery door, and is zoned Commercial District to accommodate a wide range of retail, service, and office uses. CoStar estimates market rents of $10-12 PSF, supporting attractive lease-up or owner-user economics. Ferriday sits on US 84 and US 425 in Concordia Parish, roughly 20 minutes from the Mississippi border and 12 miles from Natchez, MS, within a trade area of ±14,376 residents and ±$56,886 average household income. Nearby national retailers including Dollar General, Ace Hardware, Sonic, KFC, AutoZone, and U-Haul reinforce steady, established commercial demand, positioning the property for owner occupancy, re-tenanting, or long-term value-add repositioning.

FOR SALE DETAILS

PRICE

$75,000 USD

PRICE/SF

$9 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

$1 Auction - Former Family Dollar-Built 2011

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

42

LAND DETAILS

LAND ACRES

0.96 AC

LAND SF

41,818 SF

ZONING

-

APN/PARCEL ID

0210035400

ASK ABOUT THIS PROPERTY

Philip KatesMarcus & MillichapMore Info
305-206-1286

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Philip KatesMarcus & MillichapMore Info
305-206-1286

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.