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

    Lot 3 E Gilmer Street Plain Dealing, LA 71064

    View on Map
    Claim this Listing
    For Sale
    $65,238

    Unimproved Land - Plain Dealing, LA

    Type:Unimproved Land
    Lot size:
    4.65 Acres
    Added:
    Dec 12, 2025
    Days on Market:
    130
    Last Refresh:
    Apr 21 at 8:06 am

    Property Features for Lot 3 E Gilmer Street

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    210358
    Lot size
    4.65 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Rhonda Davis
    Rhonda Davis

    Listing agent Rhonda Davis License #0000075975

    Listing office Open Door Realty Group, LLC 2901 Paradise Dr, Shreveport, LA

    Listing date Dec 12, 2025

    MLS# 21118599 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

    Residential Land in Plain Dealing

    Located within the city limits of Plain Dealing, the Mockingbird Lane Subdivision is a new residential development offering growth potential. The land, which totals 4.652 acres, is currently unimproved, allowing for customization of homesites. Buyers and builders have the freedom to shape each homesite to their preferences, creating privacy, layout, and landscape. The subdivision is situated minutes from local conveniences, schools, and community amenities. Utilities are accessible in the area. A survey is on file, and covenants and restrictions apply. Manufactured homes are allowed, but singlewide homes are not.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Real Estate Agency Building Supply Big Box & Wholesale Store Auto Repair Shop Pharmacy Food Market Storage Facility HVAC Service Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Plain Dealing
    County
    Bossier
    State
    Louisiana
    Longitude
    -93.6936458
    Latitude
    32.9032537

    Nearby Similar for Sale

    • $650,000

      Expansive 101-Acre Land Tract

      101 acres near Plain Dealing, LA, ideal for recreation.
      0 Old Plain Dealing, Plain Dealing, LA 71064
      View Details
    • $487,500

      130 Acres Near Lake Plain Dealing

      Recreational and timber investment property with lake views and hunting potential.
      0 Watson Road, Plain Dealing, LA 71064
      View Details
    • $69,900

      Unrestricted Land in Plain Dealing

      10 acres of unrestricted land perfect for building or investment.
      0 McCauley Road, Plain Dealing, LA 71064
      View Details
    • $35,000

      Residential Lot Near Lake

      Unrestricted residential lot near Lake Plain Dealing, outside city limits.
      4 Lake Road, Plain Dealing, LA 71064
      View Details
    • $76,000

      Land Investment Opportunity in Plain Dealing

      Versatile land parcel ideal for development or investment.
      000 old plain dealing rd, Plain Dealing, LA 71064
      View Details
    • $380,000

      80 Acres of Hunting Land

      80 acres bordering Bodcau Management area, ideal for hunting.
      0 Highway 160, Plain Dealing, LA 71064
      View Details
    • $100,000

      Plain Dealing Lakefront Land

      9.7 acre lakefront lot in Plain Dealing, Louisiana.
      140 Lake Farm Road, Plain Dealing, LA 71064
      View Details
    • $75,000

      Residential Land in Plain Dealing

      4.66 acres of rural land for residential use.
      150 Fire Tower Road, Plain Dealing, LA 71064
      View Details
    • $54,507

      Residential Land in Plain Dealing

      Undeveloped residential land for sale in Mockingbird Lane Subdivision.
      Lot 14 Mockingbird Lane, Plain Dealing, LA 71064
      View Details
    • $35,000

      Residential Land in Plain Dealing

      Undeveloped residential land in a new subdivision, Plain Dealing, LA.
      Lot 5 Mockingbird Lane, Plain Dealing, LA 71064
      View Details
    • $49,175

      Residential Land in Plain Dealing

      Unimproved land in new residential development, Plain Dealing, Louisiana.
      Lot 10 Mockingbird Lane, Plain Dealing, LA 71064
      View Details
    • $45,888

      Residential Land in Plain Dealing

      Unimproved land in a new residential development, Plain Dealing, LA.
      Lot 8 Mockingbird Lane, Plain Dealing, LA 71064
      View Details

    FAQs

    What type of property is this?
    Land - Undeveloped residential land for new construction in Plain Dealing, LA.
    Where is this land located?
    The property is located at Lot 3 E Gilmer Street Plain Dealing, LA.
    What is the asking price?
    The asking price for this property is $65,238.
    What are key features of this property?
    This property features: New residential development within Plain Dealing city limits.; Freedom to shape homesite to exact preferences (privacy, layout, landscape).; Minutes from local conveniences, schools, and community amenities.
    (318) 459-8112
    We can help!
    Listing Contact
    Rhonda Davis
    Rhonda Davis
    Real Estate License ID: 0000075975
    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!