Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    590 Fillmore Cemetery Rd Haughton, LA 71037

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Prime commercial land for development at a high-traffic intersection.

    Type:Land
    Added:
    Jul 23, 2021
    Days on Market:
    1733
    Last Refresh:
    Mar 17 at 1:14 pm

    Property Features for 590 Fillmore Cemetery Rd

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Mary Jo Gray
    Mary Jo Gray

    Listing agent Mary Jo Gray License #LA995687380

    Listing office Coldwell Banker Apex, Realtors

    Listing date Jul 23, 2021

    Source Crexi

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

    All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Apex, Realtors

    Overview

    Commercial Corner Lot in Haughton

    This commercial corner lot is located at the intersection of Highway 157 and Fillmore Cemetery Road in Haughton. The property is suitable for a variety of commercial uses, including retail space, restaurants, convenience stores, or daycares. The location benefits from high traffic volume, providing visibility and accessibility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Fillmore cemetery Cemetery

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Haughton
    County
    Bossier
    State
    Louisiana
    Longitude
    -93.52363
    Latitude
    32.55747

    Nearby Similar for Sale

    • $449,000
      2,487 SF

      Versatile Commercial/Residential Property on 3.1 Acres

      2,487 SF property on 3.1 acres with commercial potential.
      411 S Elm Street, Haughton, LA 71037
      View Details
    • $64,900

      Haughton Car Wash Business Opportunity

      Three-bay self-serve car wash in need of updates.
      125 E Taylor Avenue, Haughton, LA 71037
      View Details
    • $158,000

      Turn-Key Restaurant Opportunity in Haughton

      Ready-to-operate restaurant on a highly visible corner lot.
      5408 Highway 527, Haughton, LA 71037
      View Details
    • $370,000

      40 Acres Wooded Land Haughton

      40 acre wooded tract suitable for homesite or recreation.
      0 Fox Skin Drive, Haughton, LA 71037
      View Details
    • $96,000

      Unrestricted Land in Haughton, LA

      Two-acre unrestricted land ready to build in Haughton, Louisiana.
      4505 Pine Crest, Haughton, LA 71037
      View Details
    • $575,000

      66 Acres Backing Red Chute Bayou

      66-acre estate with bayou access, ideal for development.
      0 Bodcau Station Road, Haughton, LA 71037
      View Details
    • $96,000

      Secluded Land Ready to Build

      3.668 acres of land prepared for building a home.
      0 Oliver Road, Haughton, LA 71037
      View Details
    • $89,250

      3.7 Acres in Oliver Hills

      Unimproved land in Haughton, Louisiana, with owner financing.
      1248 Oliver Road Lot 2, Haughton, LA 71037
      View Details
    • $89,250

      Residential Land in Oliver Hills

      3.6 acre lot in Oliver Hills Subdivision.
      1244 Oliver Road Lot 1, Haughton, LA 71037
      View Details
    • $89,250

      Oliver Hills Land For Sale

      3.7 acre lot in Oliver Hills Subdivision, Haughton, LA.
      1254 Oliver Road Lot 4, Haughton, LA 71037
      View Details
    • $1,520,750

      43 Acres on Wafer Road

      43-acre tract in Haughton, Louisiana, with road frontage and access.
      0 Wafer, Haughton, LA 71037
      View Details
    • $141,750

      8.2 Acres in Oliver Hills

      Residential land for sale in Haughton, Louisiana.
      1260 Oliver Road Lot 13, Haughton, LA 71037
      View Details

    FAQs

    What type of property is this?
    Commercial land - Prime commercial land for development at a high-traffic intersection.
    Where is this commercial land located?
    The property is located at 590 Fillmore Cemetery Rd Haughton, LA.
    What is the asking price?
    The asking price for this property is $1,938,420.
    What are key features of this property?
    This property features: Prime commercial corner lot location.; High traffic volume ensures excellent visibility.; Located at the intersection of Highway 157 and Fillmore Cemetery Road.
    (318) 469-6867 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Mary Jo Gray
    Mary Jo Gray
    Real Estate License ID: LA995687380
    Learn More
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!