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

    0 Mayhall Rd Rayville, LA 71269

    View on Map
    Claim this Listing
    For Sale
    $1,400,000

    Vacant Land - Rayville, LA

    Lot size:
    40.00 Acres
    Added:
    Aug 13, 2025
    Days on Market:
    260
    Last Refresh:
    Apr 29 at 5:06 am

    Property Features for 0 Mayhall Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Parking features
    Garage
    Standard status
    Active
    APN
    0200062400, 0200410700
    Lot size
    40.00 Acres

    Taxes and HOA fees

    Tax Annual Amount
    0

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Richard Lemoine

    Listing agent Richard Lemoine

    Listing office National Land Realty, Northeast LA 7 Purvis Lane, Delhi, LA

    Listing date Aug 13, 2025

    MLS# 11554397 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

    Rayville Vacant Land Near META

    This 40-acre vacant land parcel is located approximately 7 miles from the META AI site currently under construction in the Holly Ridge community. The property has potential for various uses, including a large homesite, residential development, trucking yard, or mobile home development. Other properties in the area are under construction or have been purchased for development. The land includes an irrigation well and has been leased for farming on a year-to-year basis, but is currently not under lease. The property is located in Rayville, LA.
    Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    Rayville
    County
    Richland
    State
    Louisiana
    Longitude
    -91.664413
    Latitude
    32.590377

    Nearby Similar for Sale

    • $31,900

      Rayville Land Parcel on Highway

      1.14-acre parcel with utilities available near downtown Rayville.
      4806 U.S 80, Rayville, LA 71269
      View Details
    • $700,000

      35 Acres Irrigated Farmland

      35 acres of irrigated farmland, convenient location, development potential.
      000 Earl Medlin Rd, Rayville, LA 71269
      View Details
    • $800,000

      40 Acres Farmland - Rayville

      40 acres of farmland, suitable for development opportunities.
      000 Burke Rd, Rayville, LA 71269
      View Details
    • $210,000

      Rayville Vacant Land For Sale

      Prime lot near META Center with utilities in place.
      571 Hwy 183, Rayville, LA 71269
      View Details
    • $214,520

      34.6 Acres Vacant Land

      34.6 acres of versatile land near Rayville, Louisiana.
      0Barefield Road, Rayville, LA 71269
      View Details
    • $260,000

      6.6 Acres Near META Center

      Land near META Data Center with road frontage and utilities.
      111 McManus, Rayville, LA 71269
      View Details
    • $550,000

      Rayville Medical Office Investment

      Fully occupied medical office building with expansion potential.
      161 Christian Dr, Rayville, LA
      View Details
    • $475,000

      Rayville Land Near Meta Site

      6.41 acres of vacant land near Meta site.
      0000 JAGGERS LANE, Rayville, LA 71269
      View Details
    • $1,950,000

      Rayville Land Near Meta AI

      78 acres of land near Meta AI plant.
      0 Bee Bayou Rd, Rayville, LA 71269
      View Details
    • $1,700,000
      2,676 SF

      Turnkey Restaurant Opportunity in Rayville

      Freestanding restaurant building with high visibility and strong traffic.
      Louisa St 2211, Rayville, LA
      View Details
    • $4,650,000

      Rayville Land Near Major Development

      155 acres near future power plant and Meta data center.
      0000 Mitchner/Caston Road, Rayville, LA 71269
      View Details
    • $250,000

      20 Acre Pasture Land

      20 acre pasture near Holly Ridge META site.
      0 Hwy 584, Rayville, LA 71269
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 40 acres of vacant land near META AI site.
    Where is this agricultural land / farmland located?
    The property is located at 0 Mayhall Rd Rayville, LA.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: Proximity to META AI site (approx. 7 miles); Potential for various uses (homesite, residential development, trucking yard, mobile home development); Irrigation well on property
    (318) 669-3414
    We can help!
    Listing Contact
    Richard Lemoine
    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!