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    401 W Main St Homer, LA 71040

    For Sale
    $120,000

    Turn-key automotive property with equipment in Homer, Louisiana.

    Lot size:
    0.73 Acres

    Property Features for 401 W Main St

    General Information

    Lot size
    0.73 Acres

    Building Details

    Year built
    1970

    Source: EXP Realty, LLC Agent Garrett Hooper

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

    Overview

    Homer, LA Automotive Property

    This commercial property is located in Homer, Louisiana, positioned just off the main road. The property was previously a tire service center and is suited for automotive businesses. It features a car lift, wheel balancer, and additional equipment.
    Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

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

    Similar Places Nearby

    Thomas Auto Care, USA Tires Of Homer

    Location Insight

    • Map
    • Local Demand
    City
    Homer
    County
    Claiborne
    State
    Louisiana
    Longitude
    -93.05335
    Latitude
    32.79168

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    FAQs

    What type of property is this?
    Auto shop - Turn-key automotive property with equipment in Homer, Louisiana.
    Where is this auto shop located?
    The property is located at 401 W Main St Homer, LA.
    What is the asking price?
    The asking price for this property is $120,000.
    What are key features of this property?
    This property features: - Prime location just off the main road in Homer, LA, offering high visibility and easy customer access.; - Turn-key solution for automotive businesses, minimizing startup time and costs.; - Includes essential automotive equipment: **car lift and wheel balancer.**
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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
    401 W Main St Homer, LA 71040
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