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    106 Courthouse Sq Rayville, LA 71269

    Sponsored
    For Sale
    $149,000

    2400 sq ft Office/Land, $149,000

    Property size:
    2,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional commercial property, located at 106 Courthouse Square in Rayville, Louisiana, presents a unique investment opportunity. Situated in the heart of Rayville, directly behind the courthouse, this 2,400 square foot building offers unparalleled convenience and visibility. The property features two separate utility meters, allowing for flexible use as two independent units, or as a single, larger space. This versatility makes it ideal for a variety of businesses. The building boasts numerous desirable features including double entry doors, ample on-site parking, individual heating and cooling units for each section, and private bathrooms. The strategic location, coupled with the building's functional design and amenities, ensures strong potential for both occupancy and rental income. The property's zoning and permitted uses should be independently verified. This is a rare opportunity to acquire a well-maintained commercial building in a thriving Louisiana community. Don't miss out on this exceptional chance to own a piece of Rayville's vibrant business landscape. The property is listed at $149,000. Contact us today to schedule a showing.

    Property Features for 106 Courthouse Sq

    General Information

    Property type
    Land
    Square Feet
    2,400 SF

    HighLights

    • Asking price: $149,000
    • Property type: 2,400 SF office building on land, zoned commercial.
    • Located in downtown Rayville, LA, behind the courthouse.
    • Features two separate utility meters, allowing for dual occupancy or rental.
    • Includes ample parking, separate HVAC units, and private bathrooms.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Rayville
    County
    Richland
    State
    Louisiana
    Longitude
    -91.760095
    Latitude
    32.477082

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - 2400 sq ft Office/Land, $149,000
    Where is this land located?
    The property is located at 106 Courthouse Sq Rayville, LA.
    What is the asking price?
    The asking price for this property is $149,000.
    What are key features of this property?
    This property features: Asking price: $149,000; Property type: 2,400 SF office building on land, zoned commercial.; Located in downtown Rayville, LA, behind the courthouse.
    Request Owner's contact information
    106 Courthouse Sq Rayville, LA 71269
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    Rayville, LA 71269
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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
    106 Courthouse Sq Rayville, LA 71269
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