Your AI Navigator in Commercial Real Estate
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

    Hwy 2 Hwy Homer, LA 71040

    For Sale
    $35,000

    Prime 2.1-Acre Commercial Land

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional 2.1-acre commercial lot presents a remarkable investment opportunity in Homer, Louisiana. Strategically positioned at the intersection of State Highway 2 and US Highway 79, this property boasts unparalleled visibility and accessibility due to its high-traffic location. Established businesses occupy the other three corners of this four-way intersection, creating a thriving commercial environment. The lot offers significant frontage on two major highways, ensuring maximum exposure for any development. This translates to substantial potential for a wide range of commercial ventures, from retail spaces to restaurants and service businesses. The property's location on the north side of Homer further enhances its appeal. A key advantage is the presence of a main Entergy powerline running along the western boundary, simplifying utility connections and reducing infrastructure costs. The expansive acreage provides ample space for construction and potential future expansion. This is a rare opportunity to acquire a highly visible and well-situated commercial lot in a growing area. Serious inquiries are encouraged. The asking price is $35,000.

    Property Features for Hwy 2 Hwy

    General Information

    Property type
    Other commercial real estate
    Lot Size
    91,476 SF

    Building Details

    Year Built
    1850
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Homer
    County
    Claiborne
    State
    Louisiana
    Longitude
    -92.75425
    Latitude
    32.81557

    Nearby Comparable

    • $378,000
      120.00 Acres

      Recreational Land with Timber Mix

      120 acre tract for recreation and long-term value.
      Nick Crk Rd, Bernice, LA 71222
      View Details
    • $1,365,000

      Turnkey Poultry Farm For Sale

      21 acre poultry farm with updated broiler houses.
      999 Double Bridges Rd, Dubach, LA 71235
      View Details
    • $950,000
      324.00 Acres

      324 Acres of Hunting Land

      Diverse terrain with hunting and recreational opportunities near Homer, Louisiana.
      Friendship Rd, Lisbon, LA 71048
      View Details
    • $749,500

      Recreational Land Near Corney Lake

      Meticulously maintained timber tract with hunting and recreational opportunities.
      George Glover Rd, Lillie, LA
      View Details
    • $1,400,000

      Operational Broiler Farm on 29 Acres

      Five-house broiler farm near Dubach, LA, ready for investment.
      1192 La-152, Dubach, LA
      View Details

    Nearby Similar for Sale

    • $200,000
      1.21 Acres

      Former Grocery Store in Homer

      Large retail building on a 1.21-acre lot in Homer, LA.
      404 N 2Nd St, Homer, LA 71040
      View Details
    • $120,000

      Homer, LA Automotive Property

      Turn-key automotive property with equipment in Homer, Louisiana.
      401 W Main St, Homer, LA 71040
      View Details
    • $75,000
      4,678 SF

      Homer, LA Business Opportunity

      Historic Building, High Visibility, 4,678 sq ft
      611 2Nd St, Homer, LA 71040
      View Details
    • $325,000
      17,800 SF

      Homer Retail Center - Main St

      High-traffic retail space, prime location.
      902 Main St, Homer, LA 71040
      View Details
    • $585,000
      10,000 SF

      911 Main St, Homer, LA 71040

      Retail properties • 10,000 SF
      911 Main St, Homer, LA 71040
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Prime 2.1-Acre Commercial Land
    Where is this commercial real estate located?
    The property is located at Hwy 2 Hwy Homer, LA.
    What is the asking price?
    The asking price for this property is $35,000.
    Request Owner's contact information
    Hwy 2 Hwy Homer, LA 71040
    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.
    Hwy 2 Hwy
    Homer, LA 71040
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Hwy 2 Hwy Homer, LA 71040
    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
    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.