5002 Hwy 371Heflin, LA 71039

  • Commercial real estate
  • 1.71 AC
Off market
$17,132,240 Estimated

Property Details for 5002 Hwy 371

Lot size
1.71 AC
Property type
Commercial real estate
APN
103233
APU
103233

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024

  • CAP approach

    CAP return
    Valuation
    6%
    $13,415,200
    6.5%
    $12,383,300
    7%
    $11,498,800

  • Comparable approach

    Method
    Valuation
    Relative Method
    $14,069,300
    Geo Method
    $5,328,130

  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $24,376,600
    Retail / Commercial
    $12,500,800
    Mixed-Use / Specialty
    $12,456,800
    Hospitality / Lodging
    $9,139,780
    Office
    $12,383,300
    Institutional / Educational
    $12,950,200
    Residential Income
    $15,151,700
    Multifamily
    $18,169,400
    Automotive / Energy
    $11,100,200
    Parking / Income-Based Land
    $3,830,050
    Restaurant / Food Service
    $6,479,910
    Healthcare / Senior Housing
    $12,773,700

Location Insight

City
Heflin
County
Webster
State
Louisiana
Latitude
32.4103
Longitude
-93.2833
CBSA code
33380
CBSA name
MINDEN, 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
$283
$600
$2,180
$2,780
-
$6,000
$14,533
$20,533

Comparable in this City

  • 528 State Line

    COMMERCIAL (GENERAL) • 1.00 AC

    Estimated
    $10,018,800
    528 State Line
    Heflin, LA
    View Details

  • Heflin, LA 71039

    COMMERCIAL (GENERAL) • 30.37 AC

    Heflin, LA
    View Details

  • 494 State Line

    COMMERCIAL (GENERAL)

    494 State Line
    Heflin, LA
    View Details

  • 4080 Hwy 371

    COMMERCIAL (GENERAL) • 4.07 AC

    Estimated
    $40,776,470
    4080 Hwy 371
    Heflin, LA
    View Details

  • Heflin, LA 71039

    COMMERCIAL (GENERAL)

    Heflin, LA
    View Details

  • 1877 Franklin

    COMMERCIAL (GENERAL) • 30.00 AC

    1877 Franklin
    Heflin, LA
    View Details

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Hwy 371
Heflin, LA 71039

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Hwy 371
Heflin, LA 71039

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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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