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    308 Section Line Rd Leesville, LA 71446

    For Sale
    $475,000

    4.85-Acre Multi-Purpose Property

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 4.85-acre property in Leesville, Louisiana, presents a unique investment opportunity. The site features a spacious church building with high ceilings and abundant natural light, creating a serene and welcoming atmosphere. A large gymnasium offers versatile space ideal for various uses, from sporting events and fitness classes to theatrical productions. A sizable fellowship hall provides a perfect setting for community gatherings, potlucks, or meetings. The property also includes a three-bedroom, two-bathroom manufactured home, suitable for residential use by caretakers, event organizers, or owners. The property's expansive size and diverse structures offer boundless potential for a variety of uses, including religious organizations, community centers, or event venues. The asking price is $475,000. This is a rare opportunity to acquire a substantial property with significant existing infrastructure and immense potential for future development. Located at 308 Section Line Rd, Leesville, LA 71446, this property is ready for its next chapter. The property is zoned for commercial use and offers ample parking. The price has recently been reduced, making this an even more attractive investment.

    Property Features for 308 Section Line Rd

    General Information

    Property type
    Land
    Lot Size
    211,266 SF

    HighLights

    • $475,000 asking price for a 4.85‑acre commercial land parcel in Leesville, LA.
    • Includes a church building, large gymnasium, and fellowship hall.
    • Features a 3‑bedroom, 2‑bathroom manufactured home.
    • Suitable for various uses including religious organizations, community centers, or event venues.
    Property Profile Location Intelligence

    Current Use by Public Records

    Korean Presbyterian Church ... Presbyterian Church

    Suggested Use

    Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Auto Parts Store Gym & Fitness Accounting Firm HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Leesville
    County
    Vernon Parish
    State
    Louisiana
    Longitude
    -93.283553
    Latitude
    31.0737777

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    FAQs

    What type of property is this?
    Land - 4.85-Acre Multi-Purpose Property
    Where is this land located?
    The property is located at 308 Section Line Rd Leesville, LA.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: $475,000 asking price for a 4.85-acre commercial land parcel in Leesville, LA.; Includes a church building, large gymnasium, and fellowship hall.; Features a 3-bedroom, 2-bathroom manufactured home.
    Request Owner's contact information
    308 Section Line Rd Leesville, LA 71446
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    Leesville, LA 71446
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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
    308 Section Line Rd Leesville, LA 71446
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