Folsom LA Commercial for Sale

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Type:
General Commercial
Sq.Ft.:
9,490
Status:
Active
Beds:
n/a
Lot size:
1 Acres
Year built:
1999
Baths:
MLS#:
2435950
Subdivision:
Not a Subdivision

ADDITIONAL INFORMATION

INCOME PRODUCER JUST REDUCED! Nestled in the heart of Louisiana's picturesque countryside, the Folsom Thoroughbred Training Center is a leading hub where racehorses, trainers, and exercise riders unite to prepare and condition racehorses. This Training Barn on One Full Acre, in the Heart of Horse Country, is a part of a wonderful Race Horse Training Facility with a Meticulously Maintained ¾ Mile Training Track and is Central to all Major LA Tracks allowing for Year Round Racing. Watch Morning Workouts from the Track Rail right behind your Own Barn as this property is Located on the Track Side. Everything needed to Prepare Racehorses for the Races! INCLUDES: 20 Stalls, Covered Wash Rack w/Hot & Cold Water, Covered 4-Horse Walking Wheel, Bathroom w/W&D Hook-up. 3 Versatile rooms currently being used as 2 Tack Rooms & 1 Bunk Room. IMPROVEMENTS: All New Electric w/2 New Panels & LED Lights. INCOME: Stalls rent for 150/mo ea. Current Income is $1,500 to $1,600/Mo. Preferred Flood Zone X!

Type:
General Commercial
Sq.Ft.:
1,200
Status:
Active
Beds:
n/a
Lot size:
1.85 Acres
Year built:
1984
Baths:
MLS#:
2435496
Subdivision:
Bennett Wds

ADDITIONAL INFORMATION

Gene's Country Store has been a fixture in the Folsom area since 1923. There have only been three owners in the past 65 years. This is a rare opportunity to purchase one of the only commercially zoned businesses in a rural area of the fast-growing western part St. Tammany Parish. The offering features a convenience store with a kitchen, two pumps (total), with gas (non-ethanol) and diesel. It is situated on 1.85 acres and is located south of downtown Folsom. Sale includes land, building, and business, including inventory, equipment, and fixtures. All permits are in place. The convenience store sells groceries, snacks, coffee and assorted drinks. There is a kitchen that serves breakfast and lunch. It includes a tobacco license and a license to sell wine and beer (11% and less alcohol content). It also has a license to sell tobacco. There is a septic system and a drinking water well. The location has been used in two movies, a commercial, and a photoshoot for the New Orleans Saints NFL Saintsations. It is located in an X Flood Zone. The current building was constructed in 1984. It was renovated five years ago with the plumbing and electrical systems replaced, and the interior refinished. The water well and septic systems were updated and inspected by governing authorities. Owner Financing Available.

Type:
General Commercial
Sq.Ft.:
69,000
Status:
Active
Beds:
n/a
Lot size:
30 Acres
Baths:
MLS#:
2424894

ADDITIONAL INFORMATION

OWNER WILL FINANCE Formerly known as Serenity Farms, now known as Hitch Stables, which sits on approx. 30 acres, has an approx. 39,000 sf. Arena for Horse, and other animal shows, Three (3) large Barns, with one being under contract with a Horse Trainer, and Boarder, that has been on premises for only Six (6) months, and has so far rented 15 stales at ($300.00/head, or $4500.00 per month or $54,000.00 annually. This Barn/Stable, has 50 stales to be rented, with a Pro-Forma Income of ($15,000.00 per month, net to the Buyer of this property. Six (6) enclosed Padox Arena's, for Horse and other animal shows, or for safe, controlled keeping. Twice (2ce) a Year, there are Two (2) main events for Horses, and Buyer would receive an additional ($25,000.00) dollars, total paid by a Horse Membership Association. Pro-Forma Income on the other 208 Animal Stables, could be ($300.00) per animal, totaling $77,400.00 per month at 100% occupancy. Therefore, its prudent to hire a Property Management team to market this potential income stream, that is possible, due to the improvements that are in place. A 2,000 square foot home has just been 100% renovated, that is on the property. In the event the Buyer would want to build a large Home, there is plenty of acreage in the rear for future development.

Type:
General Commercial
Sq.Ft.:
10,000
Status:
Active
Beds:
n/a
Year built:
1992
Baths:
MLS#:
2357905

ADDITIONAL INFORMATION

6% Cap rate, NNN investment property.

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Andrea Conner, License BROK.995692987-ACT, Xome Inc., License BROK.0995686178-CORP, AndreaD.Conner @xome.com, 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


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Folsom Real Estate

The median home value in Folsom, LA is $430,000. This is higher than the county median home value of $273,300. The national median home value is $338,100. The average price of homes sold in Folsom, LA is $430,000. Approximately 59.52% of Folsom homes are owned, compared to 22.79% rented, while 17.69% are vacant. Folsom real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Folsom real estate agent to arrange a tour today!

Folsom, Louisiana has a population of 719. Folsom is more family-centric than the surrounding county with 32.02% of the households containing married families with children. The county average for households married with children is 31.4%.

The median household income in Folsom, Louisiana is $45,917. The median household income for the surrounding county is $70,986 compared to the national median of $69,021. The median age of people living in Folsom is 41.5 years.

Folsom Weather

The average high temperature in July is 91.8 degrees, with an average low temperature in January of 38.7 degrees. The average rainfall is approximately 63.2 inches per year, with 0 inches of snow per year.

Folsom Real Estate Market Conditions

  • Median sales price

    $430,000
    14.5% change since last quarter
  • # Active listings

    70
    30-day change

Folsom Schools and Demographics

Education near Folsom, LA

Metric City County
High School Graduates 83.14 91.3
College Degree - 2 year 3.24 7.44
College Degree - 4 year 26.92 36.41
Graduate Degree 13.12 8.96
Expenditures per Student 13,328 13,328
Students per Teacher 18.1 18.1

Elementary Schools near Folsom, LA

School Grades Students P/T Ratio ZIP
Covington Elementary School PK - 03 611 13.3 70433
E. E. Lyon Elementary School PK - 03 596 12.7 70433
Folsom Elementary School PK - 05 434 13.6 70437
Joseph B. Lancaster Elementary School 03 - 05 786 17.1 70447
Lee Road Junior High School PK - 08 800 14.8 70435
Loranger Elementary School PK - 04 720 17.9 70446
Madisonville Elementary School PK - 02 827 17.2 70447

Middle Schools near Folsom, LA

School Grades Students P/T Ratio ZIP
Folsom Junior High School 06 - 08 208 12.2 70437
Loranger Middle School 04 - 08 668 18.7 70446
Madisonville Junior High School 06 - 08 690 17.1 70447
Pine View Middle School 04 - 06 643 14.3 70433
William Pitcher Junior High School 07 - 08 321 10.7 70433

High Schools near Folsom, LA

School Grades Students P/T Ratio ZIP
Covington High School 08 - 12 1,561 16.2 70433
Loranger High School 08 - 12 659 18.2 70446

Demographics near Folsom, LA

Metric City County
Neighborhood Type Small town
Population 719 262,799
Population Density 431 311
Median Age 41.5 40.4
People per Household 2.3 2.6
Median Household Income 45,917 70,986
Average Income per Capita 28,048 37,196