35674 Hwy 38Mount Hermon, LA 70450

  • Commercial real estate
  • 0.23 AC
Off market
$2,300,000 Estimated

Property Details for 35674 Hwy 38

Lot size
0.23 AC
Property type
Commercial real estate
APN
200026010
APU
200026010

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024

  • CAP approach

    CAP return
    Valuation
    6%
    $1,585,130
    6.5%
    $1,463,190
    7%
    $1,358,680

  • Comparable approach

    Method
    Valuation
    Relative Method
    $762,809
    Geo Method
    $710,900

  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $2,855,380
    Retail / Commercial
    $1,469,180
    Mixed-Use / Specialty
    $1,467,850
    Hospitality / Lodging
    $1,082,000
    Office
    $1,463,190
    Institutional / Educational
    $1,527,360
    Residential Income
    $1,787,020
    Multifamily
    $2,121,600
    Automotive / Energy
    $1,309,170
    Parking / Income-Based Land
    $447,921
    Restaurant / Food Service
    $771,772
    Healthcare / Senior Housing
    $1,501,250

Location Insight

City
Mount Hermon
County
Washington
State
Louisiana
Latitude
30.9607
Longitude
-90.2968
CBSA code
14220
CBSA name
BOGALUSA, LA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$650
$300
$5,850
$6,150
-
$3,000
$39,000
$42,000

Comparable in this City

  • 36365 Hwy 38

    COMMERCIAL (GENERAL) • 0.45 AC

    Estimated
    $4,508,460
    36365 Hwy 38
    Mount Hermon, LA
    View Details

  • 36257 Hwy 38

    COMMERCIAL (GENERAL) • 0.37 AC

    Estimated
    $3,706,910
    36257 Hwy 38
    Mount Hermon, LA
    View Details

  • 26436 Old Lk

    COMMERCIAL (GENERAL) • 5.00 AC

    26436 Old Lk
    Mount Hermon, LA
    View Details

  • 36009 Hwy 38

    COMMERCIAL (GENERAL) • 0.21 AC

    Estimated
    $2,104,040
    36009 Hwy 38
    Mount Hermon, LA
    View Details

  • 36339 Hwy 38

    COMMERCIAL (GENERAL) • 1.00 AC

    Estimated
    $10,018,800
    36339 Hwy 38
    Mount Hermon, LA
    View Details

  • 36020 Hwy 38

    COMMERCIAL (GENERAL) • 2.73 AC

    Estimated
    $135,657
    36020 Hwy 38
    Mount Hermon, LA
    View Details

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Hwy 38
Mount Hermon, LA 70450

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Mount Hermon, LA 70450

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

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