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    611 2Nd St Homer, LA 71040

    For Sale
    $75,000

    Historic Building, High Visibility, 4,678 sq ft

    Property size:
    4,678 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional 4,678 square foot commercial property presents a unique investment opportunity in the heart of Homer, Louisiana. Situated on a prominent 1.51-acre lot on a main street, this historic building enjoys high visibility and convenient access to a nearby grocery store and other local businesses. The expansive interior offers endless possibilities for a wide range of commercial ventures, from retail spaces to offices, or even a combination thereof. The building's substantial size allows for significant customization and adaptation to suit the needs of a diverse clientele. While utilities are available, they are not currently connected, providing an opportunity for the new owner to tailor the setup to their specific requirements. The property's prime location and substantial size make it an ideal choice for entrepreneurs seeking a high-impact presence in a thriving community. This is a rare chance to acquire a piece of Homer's history and shape its future. The information provided is believed to be accurate but is not warranted. Serious inquiries are encouraged to schedule a viewing and explore the potential of this remarkable property. Don't miss this chance to own a significant piece of Homer's commercial landscape.

    Property Features for 611 2Nd St

    General Information

    Property type
    Investment properties
    Square Feet
    4,678 SF
    Lot Size
    65,776 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Investment 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
    Homer
    County
    CLAIBORNE
    State
    Louisiana
    Longitude
    -93.05625
    Latitude
    32.79255

    Nearby Comparable

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    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

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      View Details
    • $35,000
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    • $325,000
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      High-traffic retail space, prime location.
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    • $585,000
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    FAQs

    What type of property is this?
    Investment property - Historic Building, High Visibility, 4,678 sq ft
    Where is this investment property located?
    The property is located at 611 2Nd St Homer, LA.
    What is the asking price?
    The asking price for this property is $75,000.
    (318) 598-9696
    Request Owner's contact information
    611 2Nd St Homer, LA 71040
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    Homer, LA 71040
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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
    611 2Nd St Homer, LA 71040
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