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    902 Main St Homer, LA 71040

    For Sale
    $325,000

    High-traffic retail space, prime location.

    Property size:
    17,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional retail property, located at 902 West Main Street in Homer, Louisiana, presents a significant investment opportunity. The property boasts a substantial 17,800 square feet of retail space, ideal for a variety of commercial uses. Situated in Claiborne Parish, with a 71040 zip code, this location benefits from high visibility and accessibility, ensuring strong foot traffic and potential for significant returns. The asking price is $325,000. A key advantage is the expansive 3.4-acre lot adjacent to the main building, offering significant potential for expansion, additional parking, or future development. This presents a rare opportunity to acquire a large, established retail space with considerable room for growth in a thriving Louisiana community. The property's size and location make it an attractive prospect for businesses seeking a prominent presence in Homer. Serious inquiries are encouraged to explore this compelling investment opportunity further. The property is zoned for commercial use and is ready for immediate occupancy. Detailed property information and financial statements are available upon request.

    Property Features for 902 Main St

    General Information

    Property type
    Retail properties
    Square Feet
    17,800 SF
    Lot Size
    148,104 SF

    HighLights

    • $325,000 asking price.
    • 17,800 square feet available for lease or sale.
    • Adjacent 3.4‑acre land parcel available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    higi Health Consultant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Homer
    County
    Claiborne Parish
    State
    Louisiana
    Longitude
    -93.0536292
    Latitude
    32.8038908

    Nearby Comparable

    • $585,000
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      Homer, LA Retail Opportunity

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      Former Grocery Store in Homer

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    • $120,000

      Homer, LA Automotive Property

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    Nearby Similar for Sale

    • $200,000
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      Former Grocery Store in Homer

      Large retail building on a 1.21-acre lot in Homer, LA.
      404 N 2Nd St, Homer, LA 71040
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    • $120,000

      Homer, LA Automotive Property

      Turn-key automotive property with equipment in Homer, Louisiana.
      401 W Main St, Homer, LA 71040
      View Details
    • $75,000
      4,678 SF

      Homer, LA Business Opportunity

      Historic Building, High Visibility, 4,678 sq ft
      611 2Nd St, Homer, LA 71040
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    • $35,000
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      High-Traffic Homer Commercial Lot

      Prime 2.1-Acre Commercial Land
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    • $585,000
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      911 Main St, Homer, LA 71040

      Retail properties • 10,000 SF
      911 Main St, Homer, LA 71040
      View Details

    FAQs

    What type of property is this?
    Retail property - High-traffic retail space, prime location.
    Where is this retail property located?
    The property is located at 902 Main St Homer, LA.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: $325,000 asking price.; 17,800 square feet available for lease or sale.; Adjacent 3.4-acre land parcel available.
    Request Owner's contact information
    902 Main St Homer, LA 71040
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    Homer, LA 71040
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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
    902 Main St Homer, LA 71040
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