Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Shaded Lot in Many, LA Title is generated by Realmo AI

    1045 Pace St, Many, LA 71449

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Vacant Land - Many, LA

    Lot size:
    0.57 Acres
    Added:
    May 14, 2026
    Days on Market:
    11
    Last Refresh:
    May 24 at 12:06 pm

    Property Features for 1045 Pace St

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    100
    Parking features
    Garage
    Standard status
    Active
    Lot size
    0.57 Acres

    Taxes and HOA fees

    Tax Annual Amount
    0

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Reneta Geoghagan

    Listing agent Reneta Geoghagan

    Listing office L Brooks Real Estate, LLC 310 Highway 171 Bypass, Many, LA

    Listing date May 14, 2026

    MLS# 11777088 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.

    HighLights

    • Large 0.57‑acre lot with mature shade trees.
    • City water and sewer available.
    • No minimum square footage requirement for building.
    • Located in town for convenient living.
    • Flexibility to build a tiny home, weekend getaway, or custom residence.
    • Garage parking available.

    Overview

    This is a 0.57-acre lot that is nicely shaded. It is located in town, with city water and sewer already available. There is no minimum square footage requirement, offering flexibility to build a tiny home, weekend getaway, or smaller custom residence. Mobile homes are not allowed. The property is located in Many, LA.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Many
    County
    Sabine
    State
    Louisiana
    Longitude
    -93.487465
    Latitude
    31.571777

    Nearby Similar for Sale

    • $250,000
      6,701 SF

      Downtown Many Commercial Opportunity

      Unique commercial property in downtown Many, Louisiana, with owner financing.
      570 SAN ANTONIO Avenue, Many, LA 71449
      View Details
    • $465,000
      4,500 SF

      Farmhouse on Pasture Acres

      Farmhouse with barns, shop, pool, and solar panels.
      3281 Corleyville Rd, Many, LA 71449
      View Details
    • $395,000

      Toledo Bend Investment Opportunity

      One-acre property with income-producing camper spots and lake access.
      0 Speight Drive, Many, LA 71449
      View Details
    • $300,000
      1,500 SF

      Highway Frontage Commercial Building

      Commercial building with highway frontage and direct water access.
      14039 Texas Hwy, Many, LA 71449
      View Details
    • $649,000
      2,400 SF

      Commercial Land with Building

      3.55 acres with engineered commercial building in high-traffic area.
      11530 Texas Highway, Many, LA 71449
      View Details
    • $200,000

      Unrestricted Land Near Highway

      4.84 acres of unrestricted land with highway frontage.
      0 Hwy 191 S., Many, LA 71449
      View Details
    • $64,900

      Waterfront Lot Near Toledo Town

      Waterfront lot near Lanan Bay for outdoor adventures.
      101 JOY AVE, MANY, LA 71449
      View Details
    • $85,000

      Wooded Land Near Toledo Bend

      Two lots near Toledo Bend, suitable for homesite or recreation.
      Soileau Drive lot: 37-38, Many, LA 71449
      View Details
    • $159,000

      Toledo Bend Lake Dream Lot

      Prestigious lot near Cypress Bend Resort and Toledo Bend Lake.
      60 River Ridge, Many, LA 71449
      View Details
    • $45,000

      Wooded Lot Near Toledo Bend

      0.20-acre wooded lot near Toledo Bend in Many, Louisiana.
      0001 Soileau Drive lot: 37, Many, LA 71449
      View Details
    • $50,000

      Commercial Land on Hwy 171

      4.87 acres of commercial land ready for development.
      000TBD HWY 171, Many, LA 71449
      View Details
    • $62,000

      Vacant Land with Water Views

      Residential land available with water views and low HOA fees.
      000 South Beach Dr, Many, LA 71449
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 0.57-acre lot with city utilities, build your dream home!
    Where is this residential land & home lot located?
    The property is located at 1045 Pace St Many, LA.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Large 0.57‑acre lot with mature shade trees.; City water and sewer available.; No minimum square footage requirement for building.
    (318) 590-1000
    We can help!
    Listing Contact
    Reneta Geoghagan
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    1045 Pace St, Many, LA 71449
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!