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    111 NE 1St St Springhill, LA 71075

    For Sale
    $450,000

    Business - Springhill, LA

    Type:Business
    Lot size:
    1.23 Acres
    Days on Market:
    476
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 111 NE 1St St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    APN
    124427
    Parking features
    On Street
    Lot size
    1.23 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1950
    Flooring type
    Carpet, Vinyl
    Building materials
    Brick
    Roof type
    Composition
    Architectural style
    Other

    McMullan Realty (318) 539-1111

    Listing agent Dennis McMullan (318) 539-1111 License #0000022930

    Listing date Aug 17, 2024

    MLS# 20706088 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Former Hospital Building For Sale

    The property comprises a former hospital building that has been divided into 6 separate buildings. The property is located in Springhill, LA. The lot size is 1.23 acres. There are currently several tenants.
    Location Intelligence

    Current Use by Public Records

    Hospitals

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Springhill
    County
    Webster
    State
    Louisiana
    Longitude
    -93.460177
    Latitude
    33.002916

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    FAQs

    What type of property is this?
    Hospital - Former hospital divided into six buildings with current tenants.
    Where is this hospital located?
    The property is located at 111 NE 1St St Springhill, LA.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - Former hospital building divided into 6 separate buildings; - Several tenants currently in place; - Constructed of brick
    (318) 539-1111
    Request Owner's contact information
    111 NE 1St St Springhill, LA 71075
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    Springhill, LA 71075
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    Realmo Value Estimation

    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.

    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.

    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
    111 NE 1St St Springhill, LA 71075
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