Hwy 8thLena, LA 71447

  • Office properties
  • 1.00 AC
Off market
$10,018,800 Estimated

Property Details for Hwy 8th

Lot size
1.00 AC
Property type
Office properties
Property subtype
Other office properties
APN
41-022-84157-0014
APU
41022841570014

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024

  • CAP approach

    CAP return
    Valuation
    6%
    $5,979,492
    6.5%
    $5,519,530
    7%
    $5,125,278

  • Comparable approach

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

  • Alternative Use

    Use
    Valuation
    Residential
    $6,844,218
    Hospitality
    $6,269,267
    Educational
    $5,215,956
    Medical
    $5,395,341
    Retail
    $8,113,710
Hwy 8th, Lena, Louisiana

Location Insight

City
Lena
County
Rapides
State
Louisiana
Latitude
31.4014
Longitude
-92.7754
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
$568
$1,200
$4,050
$5,250
-
$12,000
$27,000
$39,000

Comparable in this City

  • Lena, LA 71447

    OFFICE (GENERAL) • 2.00 AC

    Estimated
    $20,037,600
    Lena, LA
    View Details

  • 1082 Hwy 8th

    OFFICE (GENERAL) • 1.18 AC

    Estimated
    $11,822,230
    1082 Hwy 8th
    Lena, LA
    View Details

  • 1495 Hwy 490

    COMMERCIAL (GENERAL) • 5.08 AC

    1495 Hwy 490
    Lena, LA
    View Details

  • Hwy 8th

    VACANT COMMERCIAL LAND • 0.99 AC

    Estimated
    $9,908,630
    Hwy 8th
    Lena, LA
    View Details

  • Lena, LA 71447

    COMMERCIAL (GENERAL) • 1.00 AC

    Estimated
    $10,018,800
    Lena, LA
    View Details

  • Lena, LA 71447

    INDUSTRIAL - VACANT LAND • 85.00 AC

    Lena, LA
    View Details

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Hwy 8th, Lena, Louisiana, 71447

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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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