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    5568 Highway 126 Grayson, LA 71435

    Sponsored
    For Sale
    $299,000

    Versatile Commercial Property w/ Home

    Property size:
    3,047 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.9-acre property in Grayson, Louisiana, presents a unique investment opportunity. Located at 5568 Highway 126, the property features a 3,047 square foot building currently operating as a licensed Type 1 daycare center with a capacity for 32 children. This established business has served the community for 35 years, showcasing its strong local presence and potential for continued success. Attached to the daycare is a well-maintained brick house boasting 3 bedrooms and 2 bathrooms. Recent updates include cosmetic renovations, a 3-year-old roof, and a newer air conditioner. The property's flexible zoning allows for diverse uses beyond its current function. The Caldwell Parish Chamber of Commerce has identified an ongoing need for childcare services in the area, making the daycare a viable continued operation. However, the adaptable layout and building design offer significant potential for conversion into various commercial ventures or even a comfortable residence with a home-based business. The asking price for this remarkable property is $299,000. This presents a rare chance to acquire a property with established business potential and significant future possibilities in a thriving community. The property is situated in Caldwell Parish, Louisiana, with a zip code of 71435.

    Property Features for 5568 Highway 126

    General Information

    Property type
    Land
    Square Feet
    3,047 SF
    Lot Size
    39,204 SF

    HighLights

    • 0.9‑acre lot in Grayson, LA, at 5568 Highway 126.
    • 3,047 SF building currently operating as a licensed Type 1 daycare (32‑child capacity), established 35 years.
    • Attached 3 bed/2 bath brick house with recent cosmetic updates, 3‑year‑old roof, and newer AC.
    • Flexible zoning allows for diverse commercial uses or residential conversion.
    • Asking price: $299,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Auto Repair Shop Daycare Center HVAC Service Convenience Store Bakery Garden Center Cosmetics Store Pet Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Grayson
    County
    Caldwell
    State
    Louisiana
    Longitude
    -92.125844
    Latitude
    32.0511413

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    FAQs

    What type of property is this?
    Land - Versatile Commercial Property w/ Home
    Where is this land located?
    The property is located at 5568 Highway 126 Grayson, LA.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: 0.9-acre lot in Grayson, LA, at 5568 Highway 126.; 3,047 SF building currently operating as a licensed Type 1 daycare (32-child capacity), established 35 years.; Attached 3 bed/2 bath brick house with recent cosmetic updates, 3-year-old roof, and newer AC.
    Request Owner's contact information
    5568 Highway 126 Grayson, LA 71435
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    Grayson, LA 71435
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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
    5568 Highway 126 Grayson, LA 71435
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