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    113 Franklin St Bastrop, LA 71220

    Sponsored
    For Sale
    Contact for pricing

    Fire-damaged, 3873 sq ft, huge potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This unique 3,873 square foot mixed-use property located at 113 S FRANKLIN STREET, Bastrop, LA, presents a remarkable opportunity for a creative investor or developer. Situated on a 0.08-acre lot in the heart of downtown Bastrop, this building offers substantial space for a variety of uses. The property was most recently used as residential space, but its size and central location make it ideal for a multitude of commercial ventures or a large-scale residential renovation. It's important to note that the building has sustained fire damage. This presents both a challenge and a significant opportunity for someone with vision and the resources to undertake a substantial renovation. The substantial square footage provides ample room for customization and the creation of a truly unique space. The property is priced affordably at $25,000, reflecting the need for renovation. This is a chance to acquire a prime downtown location and transform it into a thriving business or stunning residence. Serious inquiries only.

    Property Features for 113 Franklin St

    General Information

    Property type
    Mixed-use properties
    Lot Size
    3,485 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Restaurant Law Firm 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
    Bastrop
    County
    MOREHOUSE
    State
    Louisiana
    Longitude
    -91.91305
    Latitude
    32.77784

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    FAQs

    What type of property is this?
    Mixed-use property - Fire-damaged, 3873 sq ft, huge potential.
    Where is this mixed-use property located?
    The property is located at 113 Franklin St Bastrop, LA.
    What is the asking price?
    The asking price for this property is $25,000.
    Request Owner's contact information
    113 Franklin St Bastrop, LA 71220
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    113 Franklin St
    Bastrop, LA 71220
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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
    113 Franklin St Bastrop, LA 71220
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