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    La-169 Greenwood, LA 71033

    Sponsored
    For Sale
    $150,000

    Development-ready commercial land in Louisiana.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 8-acre commercial tract is ideally situated in Greenwood, Louisiana, offering significant development potential. Located on Hwy 169/Greenwood Mooringsport Road, the property boasts 525 feet of prime road frontage, ensuring excellent visibility and accessibility. The land is zoned commercial, allowing for a wide range of uses. Access is also available from Daytona Drive on the west side, providing multiple entry points. Previously used as timberland, the property is currently clear and ready for development. Municipal water and sewer services are readily available, simplifying infrastructure needs. The Town of Greenwood Water Plant is conveniently located nearby. This property presents a unique opportunity, having been held by the same family for three generations. There are no known environmental issues or standing water. Minerals are excluded from the sale. The asking price is $150,000. The possibility of obtaining one or more LaDOT Driveway Permits exists. Adjacent properties are also available for purchase, presenting opportunities for larger-scale development. This is a rare chance to acquire a well-located, development-ready tract in a growing area.

    Property Features for 0 La-169

    General Information

    Property type
    Agricultural land
    Lot Size
    348,480 SF

    HighLights

    • Development‑ready commercial tract for sale on Greenwood Mooringsport Road.
    • Subdividable land.
    • Highway 169 access via a LaDOTD‑approved driveway, plus access from Daytona Drive.
    • Adjacent properties also available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Greenwood
    County
    Caddo Parish
    State
    Louisiana
    Longitude
    -93.980962395177
    Latitude
    32.454607488714

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Agricultural land - Development-ready commercial land in Louisiana.
    Where is this agricultural land located?
    The property is located at La-169 Greenwood, LA.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: Development-ready commercial tract for sale on Greenwood Mooringsport Road.; Subdividable land.; Highway 169 access via a LaDOTD-approved driveway, plus access from Daytona Drive.
    Request Owner's contact information
    La-169 Greenwood, LA 71033
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    Greenwood, LA 71033
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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
    La-169 Greenwood, LA 71033
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