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    2823 Highway 151 Farmerville, LA 71241

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    For Sale
    $995,000

    Turn-key recreational and investment tract in North Louisiana's Piney Hills.

    Lot size:
    166.00 Acres

    Property Features for 2823 Highway 151

    General Information

    Lot size
    166.00 Acres

    Source: United Country Southern States Realty Agent Hunter Smith

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

    Overview

    Recreational Land in Union Parish

    This is a highly maintained recreational and investment tract located in the Piney Hills region of North Louisiana. Situated in southern-central Union Parish, the property is 17 miles northeast of Ruston, Louisiana, 11 miles north of Squire Creek Country Club, and 10 miles south of Lake D’Arbonne and Farmerville, Louisiana. The property has over one-half of a mile of highway frontage on State Highway 151 West.
    Location Intelligence

    Current Use by Public Records

    Recreation land

    Map

    City
    Farmerville
    County
    Union
    State
    Louisiana
    Longitude
    -92.510257
    Latitude
    32.683877

    Nearby Similar for Sale

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    • $259,000
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    FAQs

    What type of property is this?
    Land - Turn-key recreational and investment tract in North Louisiana's Piney Hills.
    Where is this land located?
    The property is located at 2823 Highway 151 Farmerville, LA.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: - Turn-key multi-purpose recreational and investment tract.; - Located in the heart of North Louisiana’s Piney Hills.; - Highly sought-after location in southern-central Union Parish.
    (318) 245-6965
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    Farmerville, LA 71241
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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
    2823 Highway 151 Farmerville, LA 71241
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