11760 Mansfield RdKeithville, LA 71047

Property Details for 11760 Mansfield Rd

Construction

WOOD

Lot size

1.00 AC

Property size (Sq ft)

1,374 SF

Property type

Commercial real estate

APN

161420-000-0035-00

APU

161420000003500

Description

This exceptional 3-acre commercial property, located at 11760 Mansfield Road in Keithville, Louisiana, presents a unique investment opportunity. The property, encompassing parcels 161420-000-0089-00 and 161420-000-0090-00, boasts significant road frontage, making it ideal for various development projects. With a total square footage of 1,374 square feet and a land value price per square foot of $345.71, this property offers substantial potential. Currently vacant, the site is zoned for retail and commercial uses, including convenience stores and restaurants. The property's location outside city limits, combined with its extensive road frontage, makes it particularly attractive for businesses requiring ample space and high visibility. Potential uses include, but are not limited to, storage facilities or laydown yards. The asking price is $445,000, and the seller is motivated. This is a rare opportunity to acquire a large parcel of land in a desirable location with excellent development potential. The property's APN is 161420-000-0090-00

• CAP approach

  CAP return

  Valuation

  6%

  $428,071

  6.5%

  $395,142

  7%

  $366,918

• Comparable approach

  Method

  Valuation

  Relative Method

  $259,521

  Geo Method

  $411,362

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $800,144

  Retail / Commercial

  $405,964

  Mixed-Use / Specialty

  $401,092

  Hospitality / Lodging

  $289,810

  Office

  $395,142

  Institutional / Educational

  $415,750

  Residential Income

  $486,428

  Multifamily

  $602,381

  Automotive / Energy

  $356,357

  Parking / Income-Based Land

  $126,358

  Restaurant / Food Service

  $201,302

  Healthcare / Senior Housing

  $414,824

Location Insight

City

Keithville

County

Caddo

State

Louisiana

Latitude

32.3636

Longitude

-93.8266

CBSA code

43340

CBSA name

SHREVEPORT-BOSSIER CITY, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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