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    Watson Rd Plain Dealing, LA 71064

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    Sponsored
    For Sale
    $487,500

    Vacant Land - Plain Dealing, LA

    Lot size:
    130.00 Acres
    Days on Market:
    2
    Last Refresh:
    Mar 11 at 2:06 pm

    Property Features for Watson Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Parking features
    Garage
    Lot size
    130.00 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Pat Porter

    RecLand Realty, LLC (318) 281-4900

    Listing agent Pat Porter (318) 281-4900

    Listing date Mar 10, 2026

    MLS# 11670319 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.

    Learn more

    Overview

    130 Acres Near Lake Plain Dealing

    This 130-acre timber and recreation tract is located in Bossier Parish, minutes from Plain Dealing. It features a 4-year-old moderately stocked pine plantation in predominantly sandy loam soils. The property offers a scenic view from a 400' elevation point along approximately 600' of Watson Road frontage, making it suitable for a home or camp. The connecting property has abandoned overhead power lines and access to tap into system water. Approximately 8 acres are east of Watson Road. An internal trail system provides access throughout the tract for vehicles or ATVs, opening to a view overlooking Lake Plain Dealing. The property touches a shallow water marshy area of the lake, and a public boat launch is located 0.8 miles away. The planted pine provides cover for deer and pigs. Several SMZs contain mature timber for bow hunting, and around 12-13 acres of mixed hardwood and pine remain in the western corner for additional hunting. Established deer stand locations are maintained by current lease hunters. The rolling topography and trail network make the property ideal for recreational use, hunting, and ATV riding. With its elevation, accessibility, and lake views, this tract also presents potential for a homesite or multiple cabin locations near the proposed data center site. The Red River (North Caddo boat launch) is a few miles away for duck hunting and fishing. Bodcau WMA is a short drive east down Hwy 2. The property includes 130 acres of 4-year-old pine plantation and 12 acres of mature mixed hardwood and pine. It has 600' of frontage on Watson Road with access to utilities, and an elevation up to approximately 400'.
    Location Intelligence

    Current Use by Public Records

    Recreation land

    Map

    City
    Plain Dealing
    County
    Bossier
    State
    Louisiana
    Longitude
    -93.7275
    Latitude
    32.9216

    FAQs

    What type of property is this?
    Recreation land - Recreational and timber investment property with lake views and hunting potential.
    Where is this recreation land located?
    The property is located at Watson Rd Plain Dealing, LA.
    What is the asking price?
    The asking price for this property is $487,500.
    What are key features of this property?
    This property features: - 130 +/- acre timber and recreation tract with scenic Lake Plain Dealing view and 600' of road frontage, suitable for homesite or camp.; - Established internal trail system provides excellent access for vehicles or ATVs throughout the property's rolling terrain.; - Diverse hunting opportunities for deer, pigs, and other game thanks to a combination of 4-year-old pine plantation, mature mixed hardwood/pine, and SMZs.
    (318) 281-4900
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    Watson Rd Plain Dealing, LA 71064
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    Plain Dealing, LA 71064
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    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
    Watson Rd Plain Dealing, LA 71064
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    Listing Contact
    Pat Porter
    (318) 281-4900
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