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    2020 S Arkansas Hwy Springhill, LA 71075

    For Sale
    $125,000

    Unimproved Land - Springhill, LA

    Type:Unimproved Land
    Lot size:
    0.78 Acres
    Days on Market:
    468
    Last Refresh:
    Dec 13 at 12:06 pm

    Property Features for 2020 S Arkansas Hwy

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    124917
    Lot size
    0.78 Acres

    Building Details

    Architectural style
    Other

    McMullan Realty (318) 539-1111

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

    Listing date Sep 2, 2024

    MLS# 20323861 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

    Commercial Lot on U.S. Highway

    This 0.78-acre commercial lot features 285 feet of road frontage on U.S. Highway 371 in Springhill, Louisiana. The property is situated less than 800 feet from the main entrance to Wal-Mart and in close proximity to Tractor Supply. An existing concrete slab of approximately 18,500 square feet is present on the property. The lot benefits from a hard corner location on U.S. Highway 371 and a side street, with an alley located on the backside of the property. This location is suitable for various commercial uses, including a quick-service restaurant, self-service storage, auto parts retailer, or bank.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Springhill
    County
    Webster
    State
    Louisiana
    Longitude
    -93.459161
    Latitude
    32.981744

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    FAQs

    What type of property is this?
    Commercial land - 0.78 acre commercial lot with highway frontage in Springhill, LA.
    Where is this commercial land located?
    The property is located at 2020 S Arkansas Hwy Springhill, LA.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: - High-visibility location with **285 feet of road frontage on U.S. Highway 371**.; - Existing 18,500 square foot concrete slab.; - Located less than 800 feet from Walmart entrance.
    (318) 539-1111
    Request Owner's contact information
    2020 S Arkansas Hwy 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
    2020 S Arkansas Hwy Springhill, LA 71075
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