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

    T.B.D. McDowell Grayson, LA 71435

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

    Vacant Land - Grayson, LA

    Lot size:
    16.00 Acres
    Added:
    Apr 23, 2026
    Days on Market:
    3
    Last Refresh:
    Apr 25 at 9:06 am

    Property Features for T.B.D. McDowell

    General Information

    Property type
    Land
    Property subtype
    Other
    Parking features
    Garage
    Standard status
    Active
    APN
    30015100
    Lot size
    16.00 Acres

    Taxes and HOA fees

    Tax Annual Amount
    0

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Stihl Smith

    Listing agent Stihl Smith

    Listing office Delta Land & Real Estate LLC 7134 Hwy 165, Columbia, LA

    Listing date Apr 23, 2026

    MLS# 11729788 Listing URL

    Copyright © 2026 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

    Vacant Land with Road Frontage

    This vacant land offers road frontage, timber resources, and proximity to utilities. The property is located along both sides of McDowell Road and Highway 3239. An old homesite is situated at the center of the land, with multiple potential locations for future construction. The topography features a slight roll. The wooded areas are suitable for hunting. The property is not located in a flood zone and has no restrictions. A power line traverses the land. The timber stand includes Red Oaks, Loblolly Pines, White Oaks, and Sweet gums. The property is located in Grayson, LA.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Grayson
    County
    Caldwell
    State
    Louisiana
    Longitude
    -91.951
    Latitude
    32.0136

    Nearby Similar for Sale

    • $45,000

      Highway 165 Vacant Land

      2.82 acres on Highway 165 with utilities in Grayson, LA.
      9373 Highway 165, Grayson, LA 71435
      View Details
    • $50,000

      Grayson, LA Vacant Hunting Land

      40 acres of vacant land perfect for hunting in Grayson.
      T.B.D. HWY 126 W., Grayson, LA 71435
      View Details
    • $299,000

      Grayson, LA Vacant Hunting Land

      Large 240-acre hunting land near Grayson, LA.
      T.B.D. Chester Rd., Grayson, LA 71435
      View Details
    • $16,000

      Vacant Land in Grayson, LA

      Prime land with city sewer access, not in flood zone.
      T.B.D. HWY 165, Grayson, LA 71435
      View Details
    • $240,000

      100 Acres of Timberland

      Timberland tract with trail system near Grayson, Louisiana.
      T.B.D. Childress Rd., Grayson, LA 71435
      View Details
    • $80,000

      20 Acres Vacant Land

      20 acres of vacant land in southern Caldwell Parish.
      T.B.D. State Route 850, Grayson, LA 71435
      View Details
    • $79,000

      Grayson, LA Pastureland Homesite

      12.59 acres of fenced pastureland, ideal homesite near Grayson.
      T.B.D. Hwy. 850, Grayson, LA 71435
      View Details
    • $884,400

      Land on Childress Road, Grayson

      Land available on Childress Road, Grayson, Louisiana.
      Childress Rd, Grayson, LA
      View Details
    • Contact for pricing

      Land For Sale Grayson, LA

      Land available for purchase in Grayson, Louisiana.
      McKnight Rd, Grayson, LA
      View Details
    • $109,000

      Grayson, LA Vacant Land Tract

      50-acre vacant land tract in Grayson, Louisiana, ideal for hunting.
      0 Hwy 124, Grayson, LA 71435
      View Details

    FAQs

    What type of property is this?
    Land - Land with timber and utilities near McDowell Road and Highway 3239.
    Where is this land located?
    The property is located at T.B.D. McDowell Grayson, 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: Road frontage on McDowell Road and Highway 3239, offering easy access; Utilities nearby, simplifying development; Timber stand comprised of valuable Red Oaks, Loblolly Pines, White Oaks, and Sweet gums
    (318) 502-8860
    We can help!
    Listing Contact
    Stihl Smith
    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!