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    Former Grocery Store Building Title is generated by Realmo AI

    1728 Main Street, Haynesville, LA 71038

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    Picture of Grocery and convenience stores at 1728 Main Street, Haynesville, LA
    For Sale
    $75,000

    SINGLE_FAMILY - Haynesville, LA

    Type:Retail
    Property size:
    15,376 SF
    Lot size:
    1.58 Acres
    Price / SF:
    $4/SF
    Added:
    May 21, 2026
    Days on Market:
    15
    Last Refresh:
    Jun 4 at 7:06 pm

    Property Features for 1728 Main Street

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Parking features
    Parking Lot
    Standard status
    Active
    APN
    1320024260
    Lot size
    1.58 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1960
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Vinyl
    Building materials
    Brick
    Roof type
    Built-Up

    We can help!

    Listing Contact
    Dennis McMullan

    Listing agent Dennis McMullan License #0000022930

    Listing office McMullan Realty Springhill, LA

    Listing date May 21, 2026

    MLS# 21047285

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Former grocery store building with approximately 15,376 SF of improved area
    • On a 1.58‑acre lot
    • List price $75,000 (less than $5 per SF as stated)
    • Brick construction with built‑up roof
    • Public water and public sewer available
    • Vinyl flooring and parking lot on‑site

    Overview

    This former grocery store building is approximately 15,376 square feet of improved space on a 1.58-acre lot. The property is suited for buyers and operators looking for an existing retail structure with the core shell and layout expected for neighborhood shopping and sales activity. As a standalone retail asset, it provides a clear foundation for conversion, repositioning, or continued retail use depending on business needs.

    Located at 1728 Main Street in Haynesville, Louisiana 71038, the property sits within Claiborne County. The street address provides straightforward visibility along Main Street for retail traffic and local customers, while the on-site acreage offers room to support day-to-day operations and future site planning.

    For tenants or investors seeking a workable retail footprint, the building’s grocery-oriented configuration may translate well to convenience-style operations, specialty retail, or other commercial reuse. The property can also appeal to buyers looking for an affordable retail redevelopment opportunity, supported by the existing improvements and generous lot size. Pricing is set at $75,000, reflecting a value-driven approach for a property of this size.
    Property Profile Location Intelligence

    Current Use by Public Records

    Piggly Wiggly Grocery & Convenience Store

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Haynesville
    County
    Claiborne
    State
    Louisiana
    Longitude
    -93.141144
    Latitude
    32.960392

    FAQs

    What type of property is this?
    Grocery and convenience store - Former grocery building on a sizable lot, offering a ready-made footprint for retail, convenience, or other reuse in Haynesville.
    Where is this grocery and convenience store located?
    The property is located at 1728 Main Street Haynesville, LA.
    What is the asking price?
    The asking price for this property is $75,000.
    What are key features of this property?
    This property features: Former grocery store building with approximately 15,376 SF of improved area; On a 1.58‑acre lot; List price $75,000 (less than $5 per SF as stated)
    (318) 539-1111
    We can help!
    Listing Contact
    Dennis McMullan
    Real Estate License ID: 0000022930
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    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
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