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    5448 Highway 87 Franklin, LA 70538

    For Sale
    $129,000

    Vacant Land - Franklin, LA

    Lot size:
    15.86 Acres
    Days on Market:
    94
    Last Refresh:
    Dec 5 at 10:06 am

    Property Features for 5448 Highway 87

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    300
    APN
    Ward 10-000.000-0000-000.000
    Parking features
    Garage
    Lot size
    15.86 Acres

    Building Details

    Architectural style
    Other

    Twenty Eight Realty Co. (850) 842-1328

    Listing agent Stephanie D. Burroughs (850) 842-1328

    Listing date Sep 3, 2025

    MLS# 11567850 Listing URL

    Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Franklin, LA Vacant Land

    This 15.86+/- acre property is located on Highway 87 in Franklin, LA. Currently used for income-producing sugarcane farming, the land offers potential for various uses. The property consists of three parcels attached to the address. Public water is available through Charenton. Mobile homes are permitted. This location could serve as a personal retreat or be developed. Buyer is responsible for verifying measurements. Zoning is designated as 300.
    Location Intelligence

    Current Use by Public Records

    Agricultural land

    Suggested Use

    Bakery

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

    Location Insight

    • Map
    • Local Demand
    City
    Franklin
    County
    St. Mary
    State
    Louisiana
    Longitude
    -91.530542
    Latitude
    29.849988

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    FAQs

    What type of property is this?
    Land - 15.86+/- acres on Hwy 87, perfect for getaway or development.
    Where is this land located?
    The property is located at 5448 Highway 87 Franklin, LA.
    What is the asking price?
    The asking price for this property is $129,000.
    What are key features of this property?
    This property features: - 15.86+/- acres suitable for personal use or development.; - Income-producing sugar cane farm.; - Located on Hwy 87 in Franklin, LA.
    (850) 842-1328
    Request Owner's contact information
    5448 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
    5448 Highway 87 Franklin, LA 70538
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