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    1218 Homer Rd Minden, LA 71055

    Sponsored
    For Sale
    $350,000

    Prime retail storefront, 6,893 SF, 7.32 acres.

    Property size:
    6,893 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional investment opportunity presents a 6,893 square foot storefront located at 1218 Homer Road in Minden, Louisiana. The property, identified by APN 114605, sits on a substantial 7.32-acre lot providing ample parking. The single-tenant building is part of a three-building complex, all on one story. Currently configured as a single retail space, Building C (6,893 SF) offers significant flexibility and potential for subdivision, catering to a variety of uses. The asking price is $350,000, translating to $50.78 per square foot. This prime location boasts high visibility and traffic, with a daily count of 9,920 vehicles passing by, ensuring excellent exposure for any business. The property's versatility makes it ideal for a wide range of retail ventures, including grocery stores, hardware stores, indoor storage facilities, food service establishments, or office spaces. The owner is open to subdividing the property to accommodate specific business needs, making this a truly unique and adaptable commercial real estate opportunity in the thriving Webster Parish market. The property's size and location in Minden, Louisiana (zip code 71055) offer significant potential for growth and return on investment.

    Property Features for 1218 Homer Rd

    General Information

    Property type
    Individual retail properties
    Square Feet
    6,893 SF
    Lot Size
    318,859 SF

    Building Details

    Buildings
    3
    Stories
    1
    Property Profile Location Intelligence

    Current Use by Public Records

    Spiller's Appliances & Furniture Appliance Store Shield Storage Centers ... Self-Storage Facility

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Minden
    County
    Webster Parish
    State
    Louisiana
    Longitude
    -93.251828
    Latitude
    32.623747

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    FAQs

    What type of property is this?
    Individual retail property - Prime retail storefront, 6,893 SF, 7.32 acres.
    Where is this individual retail property located?
    The property is located at 1218 Homer Rd Minden, LA.
    What is the asking price?
    The asking price for this property is $350,000.
    Request Owner's contact information
    1218 Homer Rd Minden, LA 71055
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    Minden, LA 71055
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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
    1218 Homer Rd Minden, LA 71055
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