131 LobdellPort Allen, LA 70767

  • Motels
  • 62,137 SF
Off market
$29,956,120 Estimated

Property Details for 131 Lobdell

Lot size
2.99 AC
Property size (Sq ft)
62,137 SF
Property type
Motels
APN
304510001600
APU
304510001600

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024

  • CAP approach

    CAP return
    Valuation
    6%
    $7,120,210
    6.5%
    $6,572,500
    7%
    $6,103,030

  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,028,890
    Geo Method
    $15,812,700

  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $17,411,800
    Retail / Commercial
    $8,948,030
    Mixed-Use / Specialty
    $8,931,370
    Office
    $8,894,180
    Institutional / Educational
    $9,290,470
    Residential Income
    $10,869,800
    Multifamily
    $12,952,200
    Automotive / Energy
    $7,963,260
    Parking / Income-Based Land
    $2,732,970
    Restaurant / Food Service
    $4,677,790
    Healthcare / Senior Housing
    $9,143,320

Location Insight

City
Port Allen
County
West Baton Rouge
State
Louisiana
Latitude
30.4504
Longitude
-91.2438
CBSA code
12940
CBSA name
BATON ROUGE, LA METROPOLITAN 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
$29,102
$65,120
$215,140
$280,260
-
$651,200
$1,434,267
$2,085,467

Comparable in this City

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    MOTEL • 34,124 SF

    Estimated
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  • 821 Lobdell

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    Estimated
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    View Details

  • 1615 Hwy 190th

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  • 203 Alexander

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  • 215 Lobdell

    MOTEL • 53,286 SF

    Estimated
    $44,082,720
    215 Lobdell
    Port Allen, LA
    View Details

  • 722 Lobdell

    MOTEL • 61,577 SF

    Estimated
    $48,991,840
    722 Lobdell
    Port Allen, LA
    View Details

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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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