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    Highway 1 Mansura, LA 71350

    For Sale
    $2,000,000

    High-traffic commercial land with extensive road frontage near Paragon Casino.

    Lot size:
    4.43 Acres

    Property Features for Highway 1

    General Information

    Lot size
    4.43 Acres

    Source: Bonnette Auction Company Agent Troy Thompson II

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Commercial Land in Marksville

    This commercial property is located in the rapidly developing commercial area of Avoyelles Parish, specifically along the Louisiana Highway 1 corridor between Marksville and Mansura. The 4.43-acre tract, while having a Mansura mailing address, is situated within the Marksville city limits. It features approximately 1250 feet of road frontage on three sides: about 345 feet on Louisiana Highway 1, roughly 575 feet on Jen Re Plastic Road, and approximately 330 feet on Airport Road. The property is located across the road from established fast-food restaurants such as Wendy's and McDonald's, as well as the Hampton Inn. The Paragon Casino Resort is also situated across the highway. This location is suitable for a variety of businesses, including restaurants, hotels, and manufacturing facilities.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Mansura
    County
    Avoyelles
    State
    Louisiana
    Longitude
    -92.065522
    Latitude
    31.107889

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    FAQs

    What type of property is this?
    Commercial land - High-traffic commercial land with extensive road frontage near Paragon Casino.
    Where is this commercial land located?
    The property is located at Highway 1 Mansura, LA.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: - High traffic location in the fastest growing commercial district of Avoyelles Parish.; - Located on La Hwy 1 corridor between Marksville and Mansura.; - 4.43+\/- acre tract with significant development potential.
    (318) 447-7676
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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
    Highway 1 Mansura, LA 71350
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