Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1009 BALBOA Point lot 210 Boyce, LA 71409

    View on Map
    Loading data...
    Loading data...
    Loading data...
    Pending
    $99,900

    LAND - Boyce, LA

    Lot size:
    0.63 Acres
    Added:
    Sep 26, 2024
    Days on Market:
    553
    Last Refresh:
    Apr 1 at 10:06 am

    Property Features for 1009 BALBOA Point lot 210

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Res
    Exterior features
    Boat/RV Parking, Driveway Permeable Surface, Lake
    Standard status
    Pending
    Lot size
    0.63 Acres

    Utilities

    Water source
    Public
    Water front
    1

    We can help!

    Listing Contact
    Taten Moran

    Listing agent Taten Moran License #GCLRA:995711016

    Listing office STEVEN SEALE PROPERTIES, LLC 1604 Metro Drive, Alexandria, LA

    Listing date Sep 26, 2024

    MLS# 2469306

    Copyright © 2026 Greater Central Louisiana REALTORS® Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waterfront Lot on Cotile Lake

    This 0.77-acre lot on Cotile Lake offers over 100 feet of waterfront. Existing improvements include a new house pad, a limestone circle drive, sewer, a water meter, and Cleco electricity ready to tie into. A soil-cement boat launch extends towards the water, along with a boat row in the water leading to the property. The lot is suitable for building a home or camp, placing a mobile home, or exploring short-term rental opportunities. The property includes a private cove on Cotile Lake. Located in Boyce, Louisiana, this lot is in Rapides Parish.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Auto Repair Shop Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Boyce
    County
    Rapides
    State
    Louisiana
    Longitude
    -92.725487
    Latitude
    31.310566

    Nearby Similar for Sale

    • $45,000

      Vacant Land in Boyce, LA

      Commercial or residential land in a sought-after area.
      0 Hwy 28 West, Boyce, LA 71409
      View Details
    • $270,000

      Boyce Land with Water Frontage

      24+ acres with Red River frontage near I-49.
      171 CLEVELAND Road lot: A, Boyce, LA 71409
      View Details
    • $50,000

      Wooded Lot in Boyce, LA

      2.2-acre wooded lot for site-built home in Boyce, LA.
      0 WHITE OAK Drive lot: 10, Boyce, LA 71409
      View Details
    • $785,000

      Boyce Commercial Metal Building on Acreage

      15,000 SF metal building on 5 acres near truck stop.
      288 SAINT CLAIR Road, Boyce, LA 71409
      View Details
    • $246,900

      Land Adjoining Kisatchie National Forest

      11.16 acres with shop and RV hookup near forest.
      21 TEEKELL Road lot: 21, Boyce, LA 71409
      View Details
    • $12,000

      Vacant Lot in Quiet Neighborhood

      0.75-acre vacant lot in a quiet, established neighborhood.
      PIN OAK DR LOTS 26, 27 lot: 26,27, Boyce, LA 71409
      View Details
    • $134,000

      Residential Land in Gated Subdivision

      2.36 acre lot in Alexandria's newest development.
      6 NAVY'S WAY Road lot: 5, Boyce, LA 71409
      View Details
    • $134,000

      Boyce, LA Land For Sale

      2.36 acre lot in gated community near Hwy 28.
      5 NAVY'S WAY Road lot: 5, Boyce, LA 71409
      View Details
    • $134,000

      Boyce, LA Land For Sale

      2.36 acre lot in gated community off Hwy 28.
      7 NAVY'S WAY Road lot: 7, Boyce, LA 71409
      View Details
    • $175,000
      24,775 SF

      Corner Lot Near Data Center

      Commercial lot near data center, retail potential, utilities available.
      107 Pacific Avenue Boyce, LA, BOYCE, LA 71409
      View Details
    • $134,000

      Residential Land in Gated Subdivision

      2.27 acre lot in Alexandria's newest development.
      3 NAVY'S WAY Road lot: 3, Boyce, LA 71409
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Ready-to-build lot with waterfront access and existing improvements.
    Where is this residential land & home lot located?
    The property is located at 1009 BALBOA Point lot 210 Boyce, LA.
    What is the asking price?
    The asking price for this property is $99,900.
    What are key features of this property?
    This property features: Over 100 feet of waterfront on Cotile Lake; Existing improvements include a new house pad, limestone circle drive, sewer, and water meter; CLECO electricity is available to tie into
    (318) 445-3359
    We can help!
    Listing Contact
    Taten Moran
    Real Estate License ID: GCLRA:995711016
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!