Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Reeves, LA Vacant Land Title is generated by Realmo AI

    0 Frank Trahan Road, Reeves, LA 70658

    View on Map
    Claim this Listing
    For Sale
    $432,000

    Vacant Land - Reeves, LA

    Lot size:
    240.00 Acres
    Added:
    Jan 4, 2024
    Days on Market:
    869
    Last Refresh:
    May 22 at 11:06 pm

    Property Features for 0 Frank Trahan Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Parking features
    Garage
    Standard status
    Active
    APN
    0300017570
    Lot size
    240.00 Acres

    Taxes and HOA fees

    Tax Annual Amount
    0

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Daniel Rush

    Listing agent Daniel Rush

    Listing office National Land Realty, Central LA 231 E. 6th Avenue, Oakdale, LA

    Listing date Jan 4, 2024

    MLS# 11254351 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.

    HighLights

    • Merchantable pine timber (longleaf pine dominate) offers timber investment opportunities.
    • Large property size provides ample space.
    • Recreational opportunities available on the tract.
    • Located off a private road for increased privacy.
    • Electric utilities are available down the private road.
    • Garage parking is available.

    Overview

    This large 240-acre property is located off a private road accessed via Frank Trahan Road, off Martin Springs Road, in Reeves, LA. The tract currently has no legal access. It features merchantable pine timber, predominantly longleaf pine. Electric utilities are located down the private road. The property offers recreational and timber investment opportunities. The seller is reserving 100% of the mineral rights.
    Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    Reeves
    County
    Allen
    State
    Louisiana
    Longitude
    -93.0297
    Latitude
    30.5216

    Nearby Similar for Sale

    • $940,000

      Land with Calcasieu River Frontage

      470+/- acre property with Calcasieu River frontage near Lake Charles.
      2600 Martin Tram Road, Reeves, LA 70658
      View Details
    • $1,400,000

      700 Acres with River Frontage

      Large acreage in Allen Parish with Calcasieu River frontage.
      2599 Martin Tram Road, Reeves, LA 70658
      View Details
    • $67,500

      Unrestricted Land in Reeves, Louisiana

      10.27 acres of unrestricted land perfect for building or mobile home.
      TBD Walker Road, Reeves, LA 70658
      View Details
    • Contact for pricing

      Highway 190 Retail Space - Reeves, LA

      10,587 SF retail building on 0.82-acre lot in Reeves, LA.
      18284 Highway 190, Reeves, LA 70658
      View Details
    • $200,000

      40 Acres Hunting Land

      40 acres of wooded hunting land with utilities.
      TBD Snooky's Rd, Reeves, LA 70658
      View Details
    • $192,000

      Recreational Land in Reeves, LA

      160-acre recreational land tract with timber and sandy soils.
      0 Martin Tram Road, Reeves, LA 70658
      View Details

    FAQs

    What type of property is this?
    Land - Large vacant land tract with timber investment and recreational opportunities.
    Where is this land located?
    The property is located at 0 Frank Trahan Road Reeves, LA.
    What is the asking price?
    The asking price for this property is $432,000.
    What are key features of this property?
    This property features: Merchantable pine timber (longleaf pine dominate) offers timber investment opportunities.; Large property size provides ample space.; Recreational opportunities available on the tract.
    (318) 335-8870
    We can help!
    Listing Contact
    Daniel Rush
    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

    Thank You for Inquiry
    0 Frank Trahan Road, Reeves, LA 70658
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!