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    1839 State Rte 531 Minden, LA 71055

    Sponsored
    For Sale
    $4,690,000

    I-20 Access, Development Ready

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4.69 million dollar commercial land parcel, located at 1839 State Route 531 in Minden, Louisiana (zip code 71055), presents a remarkable investment opportunity. Situated for convenient access to Interstate 20, this property boasts significant advantages for a variety of commercial ventures. Preliminary site work has already been completed, significantly reducing development time and costs. The existing building can be removed, providing immediate access to the site and maximizing development flexibility. The expansive acreage is ideally suited for a hotel, truck stop/convenience store complex, restaurant, or a combination of uses. Its strategic location and prepared condition make this a truly exceptional opportunity for developers seeking a high-impact commercial project in a thriving Louisiana market. The property's latitude and longitude coordinates are 32.5784338 and -93.2476869 respectively. Webster Parish provides a strong local market, and the proximity to I-20 ensures high visibility and accessibility for any commercial development. This is a rare chance to acquire a ready-to-develop site with significant potential for substantial returns. Don't miss this chance to secure a prime location for your next commercial venture.

    Property Features for 1839 State Rte 531

    General Information

    Property type
    Land

    HighLights

    • $4,690,000 asking price.
    • Commercial land in Minden, Louisiana.
    • Located at 1839 State Route 531, Minden, LA 71055.
    • Ideal for hotel, truck stop/convenience store, or restaurant development.
    • Site preparation completed; easy I‑20 access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Minden
    County
    Webster Parish
    State
    Louisiana
    Longitude
    -93.2476869
    Latitude
    32.5784338

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    FAQs

    What type of property is this?
    Land - I-20 Access, Development Ready
    Where is this land located?
    The property is located at 1839 State Rte 531 Minden, LA.
    What is the asking price?
    The asking price for this property is $4,690,000.
    What are key features of this property?
    This property features: $4,690,000 asking price.; Commercial land in Minden, Louisiana.; Located at 1839 State Route 531, Minden, LA 71055.
    Request Owner's contact information
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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
    1839 State Rte 531 Minden, LA 71055
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