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    Highway 157 Princeton, LA 71037

    Sponsored
    For Sale
    $8,790,528

    47 Acres, High Traffic Location, $8.7M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 47.2-acre commercial land parcel presents a prime investment opportunity in the rapidly growing Haughton, Louisiana market. Located on Highway 157 in Bossier Parish, zip code 71037, this high-traffic site boasts significant potential for a wide range of commercial developments. The land is priced at $8,790,528, translating to a land value of $2 per square foot. Its strategic location offers unparalleled visibility and accessibility, making it ideal for various ventures. Consider the possibilities: a bustling retail center, a thriving hospitality establishment, a convenient truck stop or gas station, diverse dining options, a modern apartment complex, or a new residential subdivision. The continued growth and development within Haughton ensure a strong potential for high returns on investment. This property represents a unique chance to establish a lucrative commercial presence in a dynamic and expanding area. The property's address is 0 Highway 157, Princeton, LA. This is a truly exceptional opportunity for a discerning investor seeking significant commercial development potential in a high-growth market.

    Property Features for 0 Highway 157

    General Information

    Property type
    Land
    Lot Size
    2,056,032 SF

    HighLights

    • 47.2‑acre commercial land parcel in Haughton, LA.
    • Located on Highway 157, Bossier Parish, zip code 71037.
    • Priced at $8,790,528 ($2/sq ft).
    • High‑traffic location with excellent visibility and accessibility.
    • Suitable for various commercial developments (retail, hospitality, etc.).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Princeton
    County
    Bossier Parish
    State
    Louisiana
    Longitude
    -93.5179719
    Latitude
    32.576773

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - 47 Acres, High Traffic Location, $8.7M
    Where is this land located?
    The property is located at Highway 157 Princeton, LA.
    What is the asking price?
    The asking price for this property is $8,790,528.
    What are key features of this property?
    This property features: 47.2-acre commercial land parcel in Haughton, LA.; Located on Highway 157, Bossier Parish, zip code 71037.; Priced at $8,790,528 ($2/sq ft).
    Request Owner's contact information
    Highway 157 Princeton, LA 71037
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    Princeton, LA 71037
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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
    Highway 157 Princeton, LA 71037
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