Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    242 Millwood Loop Minden, LA 71055

    View on Map
    Claim this Listing
    For Sale
    $60,000

    Improved Land - Minden, LA

    Lot size:
    1.08 Acres
    Added:
    Nov 21, 2025
    Days on Market:
    165
    Last Refresh:
    May 5 at 7:06 pm

    Property Features for 242 Millwood Loop

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    100138A
    Lot size
    1.08 Acres

    Taxes and HOA fees

    Expense value
    500
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Annually

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Catherine Hunt

    Listing agent Catherine Hunt License #0995694048

    Listing office LA State Realty, LLC 215 Main Street, Minden, LA

    Listing date Nov 21, 2025

    MLS# 21110473 Listing URL

    Copyright © 2026 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

    Land in Millwood Landing, Minden

    Located just outside Minden city limits, this improved land offers an ideal location for building a dream home within a state-of-the-art residential development. The property is situated in Millwood Landing, providing a blend of peaceful country living with convenient access to amenities. The thoughtfully designed lots range from 1 to 2 acres. This 1.08-acre lot is suitable for first-time homebuyers, retirees, military families needing quick access to Bossier-Shreveport, or anyone desiring more space and freedom. The premier subdivision features underground utilities, reducing storm-related outages and maintaining a visually uncluttered community. Covenants are in place to protect investment, ensuring long-term value and quality. Electric, water, gas, and AT&T fiber-optic internet are already onsite, facilitating work-from-home capabilities. Located 8 minutes from Minden and 30 minutes from Bossier City, residents benefit from lower parish taxes while remaining close to shopping, dining, and everyday essentials. Streetlights enhance the warm and inviting atmosphere. The location is intended for residential use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Minden
    County
    Webster
    State
    Louisiana
    Longitude
    -93.3068
    Latitude
    32.7093

    Nearby Similar for Sale

    • $950,000
      7,900 SF

      Historic 1923 Property For Sale

      Restored 1923 building with endless potential in a prime location.
      105 Pearl Street, Minden, LA 71055
      View Details
    • $650,000
      4,800 SF

      Highway 79 Retail Investment Opportunity

      Commercial property on Highway 79 with income potential and adaptability.
      12715 Highway 79, Minden, LA 71055
      View Details
    • $349,900

      Minden Industrial Opportunity For Sale

      Industrial property in Minden with office, warehouse, and apartment space.
      1326 East Street, Minden, LA 71055
      View Details
    • $325,000

      Minden Office on High-Traffic Corridor

      Commercial office building in Minden, LA, ideal for various businesses.
      435 Homer Road, Minden, LA 71055
      View Details
    • $285,000

      Minden Commercial Property For Sale

      Versatile 1,715 sq ft commercial space in Minden, Louisiana.
      601 Homer Road, Minden, LA 71055
      View Details
    • $475,000

      Distressed Hotel Near Data Centers

      40-unit hotel near Amazon and Meta data centers.
      1205 Shreveport Road, Minden, LA 71055
      View Details
    • $499,000

      Minden Retail Property For Sale

      Commercial property, previously a convenience store and gas station.
      801 Homer Road, Minden, LA 71055
      View Details
    • $115,000

      Versatile Commercial Property in Minden

      Dual storefront with shop space in Minden, Louisiana.
      906 Shreveport Road, Minden, LA 71055
      View Details
    • $850,000

      Prime Commercial Corner Lot

      7.9 acres perfect for commercial development off I-20.
      0 Highway 531, Minden, LA 71055
      View Details
    • $300,000

      Versatile Commercial Building in Minden

      14,521 SF commercial building near downtown Minden, Louisiana.
      214 Miller Street, Minden, LA 71055
      View Details
    • $950,000

      Prime Commercial Building with Drive-Thru

      Free-standing commercial building suitable for restaurant or retail business.
      15299 La-531, Minden, LA 71055
      View Details
    • $165,000

      Charming Retail/Office Building Near Downtown

      Cottage-style commercial building near downtown Minden, perfect for various businesses.
      210 Murrell Street, Minden, LA 71055
      View Details

    FAQs

    What type of property is this?
    Land - Residential land for sale in a premier Minden subdivision.
    Where is this land located?
    The property is located at 242 Millwood Loop Minden, LA.
    What is the asking price?
    The asking price for this property is $60,000.
    What are key features of this property?
    This property features: Ideal location: Minutes from I‑20, outside Minden city limits, offering peaceful country living.; Large 1–2 acre lots provide ample space.; Underground utilities reduces storm‑related outages.
    (318) 377-6062
    We can help!
    Listing Contact
    Catherine Hunt
    Real Estate License ID: 0995694048
    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

    Thank You for Inquiry
    242 Millwood Loop, Minden, LA 71055
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!