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    5106 Highway 87 Franklin, LA 70538

    New
    For Sale
    $100,000

    Land, Other - Franklin, LA

    Lot size:
    6.99 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 5 at 2:06 pm

    Property Features for 5106 Highway 87

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    6.99 Acres

    Building Details

    Architectural style
    Other

    NextHome, Inc

    Listing agent Shayna Henry (337) 484-1184 License #0995689791,PersonLicenseNumber

    Listing date Dec 4, 2025

    MLS# 2020021391 Listing URL

    Copyright © 2025 NextHome, 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

    6.99 Acres Prime Land

    This 6.99-acre parcel is located in Franklin, Louisiana, and is available for sale. The property offers ample space for development and is suitable for residential, commercial, or agricultural use. It provides easy access to major roadways and has utilities nearby. This land is suited for a private estate, a multi-lot subdivision, or a business venture. It offers an opportunity to invest in land in Louisiana.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Florist

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

    Location Insight

    • Map
    • Local Demand
    City
    Franklin
    County
    St. Mary
    State
    Louisiana
    Longitude
    -91.53669739
    Latitude
    29.8403352

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    FAQs

    What type of property is this?
    Land - 6.99-acre parcel in Franklin, LA, ideal for development.
    Where is this land located?
    The property is located at 5106 Highway 87 Franklin, LA.
    What is the asking price?
    The asking price for this property is $100,000.
    What are key features of this property?
    This property features: - 6.99 Acres of Land; - Suitable for Residential, Commercial, or Agricultural Use; - Located in Franklin, Louisiana
    (337) 484-1184
    Request Owner's contact information
    5106 Highway 87 Franklin, LA 70538
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    Franklin, LA 70538
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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
    5106 Highway 87 Franklin, LA 70538
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