Sign Up Successful!
You now have access to more from Realmo!
    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

    N 7Th St Logansport, LA 71049

    Sponsored
    For Sale
    $195,000

    Improved Land - Logansport, LA

    Lot size:
    9.00 Acres
    Days on Market:
    104
    Last Refresh:
    Jan 26 at 1:06 am

    Property Features for N 7Th St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    0801139950A
    Lot size
    9.00 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Shelly Wagner

    Shelly Wagner & Associates, LLC (318) 200-0001

    Listing agent Shelly Wagner (318) 200-0001 License #0995710423

    Listing date Oct 15, 2025

    MLS# 21082730 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    9 Acres in Logansport, LA

    This is a rare opportunity to own 9 acres in the heart of downtown Logansport, LA. Zoned LR-2, this expansive tract offers potential for development or personal use. The property features a mix of mature trees and open pastureland. Its location is near town amenities. This acreage is suitable for residential development, investment, or a private retreat. Utilities are available nearby. The property is located a couple of blocks from Main St, the Sabine River, and the Texas State line, and is close to dining, shopping and Logansport High School. It could be used for a variety of purposes including a single family home, duplexes, apartments, town houses, condos, mobile homes, professional offices, multiplexes and other types of residences. The property can also be viewed at the end of Creech St, although the front faces N. Seventh St.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Logansport
    County
    De Soto
    State
    Louisiana
    Longitude
    -94.0013889
    Latitude
    31.97820948

    Nearby Similar for Sale

    • New
      $595,000
      7.08 Acres

      Former Dealership on Main Street

      Well-maintained Logansport dealership on 7 acres, ready for new owners.
      2002 Main St, Logansport, LA 71049
      View Details
    • $195,000
      0.05 Acres

      Historical Building on Sabine River

      Historical 8,000 SF building on the Sabine River.
      102 2Nd St, Logansport, LA 71049
      View Details
    • $145,000
      1.30 Acres

      Turnkey Restaurant on Large Lot

      Turnkey restaurant with drive-through on over one acre lot.
      1100 Main St, Logansport, LA 71049
      View Details
    • $134,000
      0.67 Acres

      Versatile Commercial Property with Minerals

      Expansive commercial property with warehouse, office, and living quarters.
      411 Magnolia St, Logansport, LA 71049
      View Details
    • $145,000
      1,660 SF

      Logansport Retail Space - Turnkey Restaurant

      Prime Logansport location, established restaurant, great price!
      1100 Main St, Logansport, LA 71049
      View Details
    • $35,000
      1.08 Acres

      Logansport Commercial Land - Hwy 84 Frontage

      High-potential commercial lot, prime location.
      Main St, Logansport, LA 71049
      View Details
    • $649,900
      11,574 SF

      Logansport Retail Space - 7 Acres

      Prime Main Street location, expansive retail space.
      2002 Main St, Logansport, LA 71049
      View Details
    • $649,900
      11,574 SF

      Logansport Retail Space - 7 Acres

      Spacious auto shop, 11,574 sq ft, 7 acres.
      2002 Main St, Logansport, LA 71049
      View Details

    FAQs

    What type of property is this?
    Land - 9 acres of land zoned LR-2 in downtown Logansport.
    Where is this land located?
    The property is located at N 7Th St Logansport, LA.
    What is the asking price?
    The asking price for this property is $195,000.
    What are key features of this property?
    This property features: - 1.9 acres of land in downtown Logansport, LA.; - Zoned LR-2, allowing for diverse development options (residential, investment, etc.).; - Mix of mature trees and open pastureland.
    (318) 200-0001
    Request Owner's contact information
    N 7Th St Logansport, LA 71049
    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.
    N 7Th St
    Logansport, LA 71049
    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
    N 7Th St Logansport, LA 71049
    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

    We can help!
    Listing Contact
    Shelly Wagner
    Real Estate License ID: 0995710423
    (318) 200-0001
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.