5503 Monroe HwyBall, LA 71405

  • Office properties
  • 1.00 AC
For Sale
$395,000 View listing

Property Details for 5503 Monroe Hwy

Lot size
1.00 AC
Property type
Office properties
Property subtype
Other office properties
APN
05-020-36035-0008
APU
5020360350008

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,977,808
    6.5%
    $5,517,976
    7%
    $5,123,836
  • Comparable approach

    Method
    Valuation
    Relative Method
    $8,227,600
    Geo Method
    $13,041,428
  • Alternative Use

    Use
    Valuation
    Residential
    $6,842,291
    Hospitality
    $6,267,502
    Educational
    $5,214,488
    Medical
    $5,393,822
    Retail
    $8,111,426
5503 Monroe Hwy, Ball, Louisiana

Location Insight

City
Ball
County
Rapides
State
Louisiana
Latitude
31.3991
Longitude
-92.4109
CBSA code
10780
CBSA name
ALEXANDRIA, 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
$3,750
$8,000
$22,500
$30,500
-
$80,000
$150,000
$230,000

FAQs

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