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    Nwc Of Polk St & Myra St Mansfield, LA 71052

    For Sale
    $80,000

    Prime 0.4-acre commercial lot, Mansfield, LA.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 0.4-acre commercial lot, located at the northwest corner of Polk Street (US Hwy 84) and Myra Street in Mansfield, Louisiana, presents a remarkable opportunity. Zoned B-3 commercial, this generally level and cleared site boasts excellent visibility and accessibility due to its corner location on a heavily trafficked intersection. Polk Street, a four-lane highway, serves as Mansfield's main east-west artery, ensuring high traffic volume and exposure for any development. The property is conveniently situated eight blocks east of the DeSoto Parish Courthouse and US Hwy 171, and three blocks west of Brookshires Grocery Store and Mansfield Auto World GM Dealership. The lot size is approximately 17,595 square feet, and appears to be well-drained. This prime location in Mansfield, the parish seat of DeSoto Parish (population 27,136, including Mansfield), offers unparalleled potential for commercial or retail development. The property is priced at $80,000, reduced from $100,000, representing a significant value proposition. The asking price equates to $4.55 per square foot. Note that the land size is subject to survey and minerals are not included. APN: 0400609054. Mansfield, with a population of 4,700, is located 27 miles south of Shreveport, LA.

    Property Features for 0 Nwc Of Polk St & Myra St

    General Information

    Property type
    Land
    Lot Size
    17,424 SF

    HighLights

    • Ideal commercial/retail building lot.
    • Level, cleared lot.
    • Well‑drained site.
    • High‑visibility corner lot with excellent access to four‑lane Polk St. (US Hwy 84) and two‑lane Myra St.
    • B‑3 Commercial zoning.
    • 17,595 SF lot, reduced price: $80,000 ($4.55/SF).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Mansfield
    County
    De Soto Parish
    State
    Louisiana
    Longitude
    -93.7023305
    Latitude
    32.0376903

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    FAQs

    What type of property is this?
    Land - Prime 0.4-acre commercial lot, Mansfield, LA.
    Where is this land located?
    The property is located at Nwc Of Polk St & Myra St Mansfield, LA.
    What is the asking price?
    The asking price for this property is $80,000.
    What are key features of this property?
    This property features: Ideal commercial/retail building lot.; Level, cleared lot.; Well-drained site.
    (318) 681-1051
    Request Owner's contact information
    Nwc Of Polk St & Myra St Mansfield, LA 71052
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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
    Nwc Of Polk St & Myra St Mansfield, LA 71052
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