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    1108 Sterlington Hwy Farmerville, LA 71241

    For Sale
    $259,000

    Prime Office, High Visibility, 1.19 Acres

    Property size:
    1,179 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional commercial property, located at 1108 Sterlington Highway in Farmerville, Louisiana, presents a unique investment opportunity. The 1,179 square foot office building sits on a generous 1.19-acre lot, offering significant expansion potential. Currently operating at 100% occupancy with a single tenant under a NNN lease, this property provides immediate cash flow. The building itself is in excellent condition and enjoys high visibility from its prime location on Sterlington Highway, surrounded by other established businesses. Six parking spaces are conveniently available for tenants and visitors. The property's zoning allows for a variety of uses, making it an ideal choice for both established businesses seeking to relocate or entrepreneurs looking to establish a new presence in a thriving community. The asking price is $259,000. The inclusion of the extra lot provides ample room for future growth or development. This turnkey operation offers a compelling combination of immediate income and long-term growth potential. The property is offered for sale by owner. Contact us today to schedule a showing. Zip code: 71241.

    Property Features for 1108 Sterlington Hwy

    General Information

    Property type
    Land
    Square Feet
    1,179 SF
    Lot Size
    51,836 SF

    Building Details

    Units
    1

    HighLights

    • $259,000 asking price.
    • 1,179 SF office building on 1.19 acres of land.
    • NNN lease, single tenant, 100% occupancy.
    • Six parking spaces.
    • For sale by owner.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Superior Counseling Services Counselor Crestview Baptist Church Baptist Church Gretchen Dison Social Worker

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Wholesale Shop Auto Repair Shop Clothing Store Nail Salon Gym & Fitness Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Farmerville
    County
    Union Parish
    State
    Louisiana
    Longitude
    -92.3864917
    Latitude
    32.7681425

    Nearby Comparable

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    Nearby Similar for Sale

    • $350,000
      2,510 SF

      Turnkey Restaurant Space For Sale

      Second generation restaurant on North Main Street in Farmerville.
      800 N Main St, Farmerville, LA 71241
      View Details
    • $259,000
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      Farmerville Office Building - Great Location

      High-visibility office, extra lot included.
      1108 Sterlington Hwy, Farmerville, LA 71241
      View Details

    FAQs

    What type of property is this?
    Land - Prime Office, High Visibility, 1.19 Acres
    Where is this land located?
    The property is located at 1108 Sterlington Hwy Farmerville, LA.
    What is the asking price?
    The asking price for this property is $259,000.
    What are key features of this property?
    This property features: $259,000 asking price.; 1,179 SF office building on 1.19 acres of land.; NNN lease, single tenant, 100% occupancy.
    Request Owner's contact information
    1108 Sterlington Hwy Farmerville, LA 71241
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    Farmerville, LA 71241
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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
    1108 Sterlington Hwy Farmerville, LA 71241
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