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    207 Main St Springhill, LA 71075

    For Sale
    $150,000

    Historic District, High-Yield Investment

    Property size:
    2,500 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional commercial property, located at 207 N Main Street in Springhill, Louisiana's historic district, presents a compelling investment opportunity. The building encompasses 2,500 square feet and sits on a 0.08-acre lot, offering significant potential for growth and development. Currently leased to a thriving finance business at a monthly rental rate of $1,000, this property provides immediate and consistent cash flow. The building's prime downtown location within the historic district ensures high visibility and accessibility, attracting a steady stream of potential customers and clients. The strong tenant occupancy history demonstrates the property's desirability and market stability. This is an ideal acquisition for investors seeking a proven, income-generating asset in a vibrant and growing community. The property's size and location make it suitable for a variety of commercial uses, offering flexibility for future expansion or adaptation to changing market demands. The asking price of $150,000 represents an attractive return on investment, considering the current rental income and the property's inherent value within the Springhill historic district. Serious inquiries are encouraged to explore this unique opportunity further. The property is ready for immediate ownership and offers a solid foundation for long-term financial success.

    Property Features for 207 Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,500 SF
    Lot Size
    3,485 SF

    Building Details

    Year Built
    1950
    Property Profile Location Intelligence

    Current Use by Public Records

    World Finance Loan Agency

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Springhill
    County
    Webster
    State
    Louisiana
    Longitude
    -93.46102
    Latitude
    33.00381

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    FAQs

    What type of property is this?
    Commercial real estate - Historic District, High-Yield Investment
    Where is this commercial real estate located?
    The property is located at 207 Main St Springhill, LA.
    What is the asking price?
    The asking price for this property is $150,000.
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    207 Main St Springhill, LA 71075
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    Springhill, LA 71075
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    Realmo Value Estimation

    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.

    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.

    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
    207 Main St Springhill, LA 71075
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