Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Jack Miller Road lot . Ville Platte, LA 70586

    View on Map
    Claim this Listing
    Picture of Commercial land at Jack Miller Road lot ., Ville Platte, LA
    For Sale
    Contact for pricing

    COMMERCIAL - Ville Platte, LA

    Added:
    Jun 29, 2022
    Days on Market:
    1392
    Last Refresh:
    Apr 20 at 5:06 pm

    Property Features for Jack Miller Road lot .

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    .
    Standard status
    Active
    APN
    0110041171

    Taxes and HOA fees

    Tax Description
    1 LOT 600-LOT 38 PLAT C.EST. E.E. ORTEGO (100' X 139') 6H-66(C) TRACT 38-B PLAT C PLAT OF SURVEY C-338 P.559 #562164

    Utilities

    Utilities
    Natural Gas Available

    We can help!

    Listing Contact
    Paul Schexnayder
    Paul Schexnayder

    Listing agent Paul Schexnayder License #912124040

    Listing office Premier Realty of Acadiana LLC 2624 Vidrine Road, VILLE PLATTE, LA

    Listing date Jun 29, 2022

    MLS# 22006187 Listing URL

    Copyright © 2026 Realtor Association of Acadiana. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Ville Platte Commercial Land

    This commercial land is located in Ville Platte, Louisiana, next to the hospital. The property is suitable for business or residential use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Ville Platte
    County
    Evangeline
    State
    Louisiana
    Longitude
    -92.265218
    Latitude
    30.681879

    Nearby Similar for Sale

    • $400,000
      8,591 SF

      Ville Platte Commercial Opportunity

      Versatile commercial building in Ville Platte, Louisiana, for sale.
      5592 Vidrine Road, Ville Platte, LA 70586
      View Details
    • $325,000
      3,086 SF

      Established Restaurant on Main Highway

      Restaurant with equipment included, potential for retail conversion.
      2313 E Main Street, Ville Platte, LA 70586
      View Details
    • $225,000
      2,000 SF

      Iconic Restaurant and Home Bundle

      Turnkey restaurant and residence bundle in Ville Platte, Louisiana.
      910 & 908 Tate Cove Road, Ville Platte, LA 70586
      View Details
    • $85,000
      1,400 SF

      Versatile Commercial Building, Ville Platte

      Adaptable commercial building suitable for various business operations.
      550 E Hickory Street, Ville Platte, LA 70586
      View Details
    • $460,000

      117 Acres of Woodland

      Wooded tract on Hwy 167, ideal for development or recreation.
      0 HWY 167, Bayou Chicot, LA 70586
      View Details
    • $65,000

      2.08 Acres Prime Land

      2.08 acres in Vidrine, suitable for homesite or business.
      Vidrine Road lot: Tract 8, Ville Platte, LA 70586
      View Details
    • $120,000

      Ville Platte Car Wash Opportunity

      Car wash with additional building in Ville Platte, Louisiana.
      4849 Us-167, Ville Platte, LA 70586
      View Details
    • $72,000

      Prime Land in Ville Platte

      2.6 Acres in high visibility location, great access.
      Vidrine Road lot: Tract 7, Ville Platte, LA 70586
      View Details
    • $89,000

      Cleared Land Near Ville Platte

      8.5-acre cleared tract suitable for building, livestock, or recreation.
      4432-4464 Highway 167 N, Ville Platte, LA 70586
      View Details
    • $39,000

      Vacant Land in Ville Platte

      13.38 acre vacant tract with driveway in place.
      Pine Point Road, Ville Platte, LA 70586
      View Details
    • $59,900

      21.99 Acres in Belaire Cove

      Serene 21.99-acre tract perfect for building or recreation.
      Bienville Road lot: Tract 1, Ville Platte, LA 70586
      View Details
    • $98,900

      Corner Lot in Ville Platte

      Vacant corner lot suitable for business or home construction.
      Court Street, Ville Platte, LA 70586
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial land available in Ville Platte, Louisiana, near hospital.
    Where is this commercial land located?
    The property is located at Jack Miller Road lot . Ville Platte, LA.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Great location for business or residential use.; Located next to the hospital.; Natural Gas Available.
    (337) 831-2856
    We can help!
    Listing Contact
    Paul Schexnayder
    Paul Schexnayder
    Real Estate License ID: 912124040
    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!