Property profile

0 Main St Logansport, LA 71049

OFF-MARKET
Land
1.08 ac lot
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Property summary

AI-generated overview

This exceptional 1.08-acre commercial land parcel presents a unique redevelopment opportunity in Logansport, Louisiana. Strategically situated on Main Street, this property enjoys high visibility and convenient access near the intersection of US Highway 5 and US Highway 84. Its location approximately one mile from the Texas state line places it along a major Louisiana/Texas transportation corridor, Highway 84, a key connector in Northwest Louisiana. The site is cleared, with previous structures having been demolished, eliminating the need for costly demolition and site preparation. This presents a blank canvas for a variety of commercial ventures. Ideal uses could include new retail establishments, quick-service restaurants (QSRs), or other single-tenant developments. The asking price for this ready-to-develop lot is $45,000. This property offers significant potential for investors seeking a prime location in a high-traffic area with strong growth prospects. The property is located in De Soto Parish, Louisiana, with a zip code of 71049. The coordinates are 31.97528847963712 latitude and -93.99850392921216 longitude. This is a rare chance to acquire a well-positioned commercial lot in a thriving area. Don't miss this opportunity to build your next successful venture.

Property profile

Verified
Property type Land
Lot 1.08 ac (47,045 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Main St Logansport, LA 71049
Logansport metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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