Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Yeldell Rd Bastrop, LA 71220

    Sponsored
    For Sale
    $106,500

    Vacant Land - Bastrop, LA

    Lot size:
    30.00 Acres
    Days on Market:
    2
    Last Refresh:
    Feb 6 at 6:06 am

    Property Features for Yeldell Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Parking features
    Garage
    Lot size
    30.00 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 Feb 5, 2026

    MLS# 11644212 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

    Property Insight Report

    Overview

    30 Acres Wooded Land Tract

    This 30 +/- acre wooded tract is suitable for a home site. Located in Morehouse Parish, LA, the land is heavily wooded with mixed pine and hardwood. It is bordered on three sides by pasture and one side by timberland. A blacktop parish road serves as the entire eastern boundary. The tract can be divided into smaller parcels of at least 10 acres, with the sellers willing to split the cost of a survey for division. Access is provided by Yeldell Road on the east boundary. Utilities are available along the road. Mineral rights are reserved, but sellers will grant executive rights to new owners. The property is situated on the west side of Yeldell Road, approximately 0.25 miles south of Old Bonita Road, north of Bastrop, LA. It is legally described as situated in the SE/4 of Section 26, T22N, R6E, Morehouse Parish, LA.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Bastrop
    County
    Morehouse
    State
    Louisiana
    Longitude
    -91.8231
    Latitude
    32.8648

    Nearby Similar for Sale

    • $300,000
      6,588 SF

      Bastrop Commercial Corner Restaurant Space

      High-visibility corner lot with former restaurant space for sale.
      1801 E Madison Ave, Bastrop, LA 71220
      View Details
    • $95,000
      4,640 SF

      Historic Bastrop Storefront Opportunity

      4,640 SF retail space in Bastrop's Historic Courthouse Square.
      114-116 S Washington St, Bastrop, LA 71220
      View Details
    • $95,000

      Historic Storefront in Courthouse Square

      4,640 SF storefront in Bastrop's Historic Courthouse Square.
      114 S Washington St, Bastrop, LA 71220
      View Details
    • $90,000

      Commercial Property with Spacious Offices

      Commercial property featuring a lobby, offices, kitchen, storage, and lot.
      917 Lynwood Ave, Bastrop, LA 71220
      View Details
    • $115,000
      4,640 SF

      Bastrop Commercial Property

      Historic Downtown Retail/Office
      114 Washington St, Bastrop, LA 71220
      View Details
    • $199,999
      4,218 SF

      Bastrop Retail Space - Prime Location

      High-traffic retail space, ample parking.
      1802 Madison Ave, Bastrop, LA 71220
      View Details
    • $49,000
      1,218 SF

      Bastrop Mixed-Use Corner Lot

      High-traffic corner lot, great potential!
      204 Madison Ave, Bastrop, LA 71220
      View Details
    • $750,000
      3,759 SF

      Prime Bastrop Restaurant Opportunity

      Turnkey Restaurant, High Traffic Area
      2057 Madison Ave, Bastrop, LA 71220
      View Details
    • $275,000
      3,178 SF

      Bastrop Office Building - Great Location

      Prime Office Space, Ample Parking, 3178 sq ft
      618 Washington St, Bastrop, LA 71220
      View Details
    • Contact for pricing
      0.08 Acres

      Downtown Bastrop Mixed-Use Gem

      Fire-damaged, 3873 sq ft, huge potential.
      113 Franklin St, Bastrop, LA 71220
      View Details
    • Contact for pricing
      650 SF

      Bastrop Office Space For Lease

      Renovated Office, Great Location, 650 SF
      649 Madison Ave, Bastrop, LA 71220
      View Details
    • $90,000
      1,882 SF

      Bastrop Office Building - Great Potential

      Spacious office building, large lot, ideal location.
      917 Lynwood Ave, Bastrop, LA 71220
      View Details

    FAQs

    What type of property is this?
    Land - 30+/- acres wooded tract for a home site.
    Where is this land located?
    The property is located at Yeldell Rd Bastrop, LA.
    What is the asking price?
    The asking price for this property is $106,500.
    What are key features of this property?
    This property features: - 30 acres of wooded land, **perfect for building your dream home**.; - Divisible into smaller tracts (minimum 10 acres) with shared survey cost.; - Utilities available along Yeldell Road.
    (318) 281-4900
    Request Owner's contact information
    Yeldell Rd Bastrop, LA 71220
    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.
    Yeldell Rd
    Bastrop, LA 71220
    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
    Yeldell Rd Bastrop, LA 71220
    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
    Pat Porter
    (318) 281-4900
    Learn more
    Google sign-in failed. Please try again or use another login method.