2130 MadisonBastrop, LA 71220

  • Motels
  • 26,334 SF
Off market
$160,654 Estimated

Property Details for 2130 Madison

Year built
2000
Property size (Sq ft)
26,334 SF
Property type
Motels
APN
200471600
APU
200471600

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024

  • CAP approach

    CAP return
    Valuation
    6%
    $3,500,080
    6.5%
    $3,230,840
    7%
    $3,000,070

  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,707,460
    Geo Method
    $1,601,120

  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $8,617,120
    Retail / Commercial
    $4,419,010
    Mixed-Use / Specialty
    $4,403,410
    Office
    $4,377,410
    Institutional / Educational
    $4,577,830
    Residential Income
    $5,356,060
    Multifamily
    $6,422,910
    Automotive / Energy
    $3,923,850
    Parking / Income-Based Land
    $1,353,920
    Restaurant / Food Service
    $2,290,580
    Healthcare / Senior Housing
    $4,515,460

Location Insight

City
Bastrop
County
Morehouse
State
Louisiana
Latitude
32.776
Longitude
-91.8855
CBSA code
33740
CBSA name
MONROE, 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
$21,968
$14,500
$146,154
$160,654
-
$145,000
$974,358
$1,119,358

Comparable in this City

  • 1815 Madison

    MOTEL • 10,400 SF

    Estimated
    $51,407
    1815 Madison
    Bastrop, LA
    View Details

  • Cox

    MOTEL • 9,879 SF

    Cox
    Bastrop, LA
    View Details

  • 712 Pleasant Dr

    Land • 1,504 SF

    712 Pleasant Dr
    Bastrop, LA
    View Details

  • Franklin

    VACANT COMMERCIAL LAND

    Franklin
    Bastrop, LA
    View Details

  • Main

    COMMERCIAL (GENERAL) • 1,440 SF

    Main
    Bastrop, LA
    View Details

  • 1927 Madison

    FINANCIAL BUILDING

    Estimated
    $448,840
    1927 Madison
    Bastrop, LA
    View Details

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Similar Nearby for Lease

  • For Lease Call for price

    Bastrop Retail Center Investment

    Grocery-anchored retail space available

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  • For Lease
    $7.50/SF/YR

    Bastrop Retail Space Available

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Property Visit Statistics

  • Visits by month
    1.8k
  • Visitors by month
    494
  • Avg Time on site
    464 min

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Madison
Bastrop, LA 71220

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Bastrop, LA 71220

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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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