Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Timber Hunting and Recreation Land Title is generated by Realmo AI

    T-3 Highway 10, Pitkin, LA 70656

    View on Map
    Claim this Listing
    New
    For Sale
    $95,850

    Vacant Land - Pitkin, LA

    Lot size:
    27.00 Acres
    Added:
    Jun 5, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 6 at 6:06 am

    Property Features for T-3 Highway 10

    General Information

    Property type
    Land
    Property subtype
    Other
    Parking features
    Garage
    Standard status
    Active
    Lot size
    27.00 Acres

    Taxes and HOA fees

    Tax Annual Amount
    0

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Walker Powell

    Listing agent Walker Powell

    Listing office HomeLand Properties 1600 Normal Park Drive, Huntsville, LA

    Listing date Jun 5, 2026

    MLS# 11801889 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 22 to 72 +/- acres in Allen Parish, Louisiana with Highway 10 frontage
    • Heavily wooded pine timber with scattered hardwoods
    • Electricity available by extension
    • Suitable for recreational or residential use based on the property information

    Overview

    This offering consists of vacant land in Pitkin, Louisiana, with a total lot size of 27 acres. The property is heavily wooded with pine timber, with hardwoods scattered intermittently throughout. Electricity is available by extension, supporting basic utilities planning for buyers considering residential or recreational use.

    The tract features Highway 10 frontage and is described as having great access. It is also located in Allen Parish, Louisiana, within an area that may appeal to buyers looking for a rural setting with direct road connectivity.

    For buyers seeking outdoor recreation land, the mix of pine timber and scattered hardwoods provides a natural setting for hunting and general use. For residential buyers, the combination of road frontage and available electricity by extension can support the planning needed to explore development options, subject to local requirements and approvals.
    Property Profile Location Intelligence

    Current Use by Public Records

    Recreation land

    Suggested Use

    Law Firm Big Box & Wholesale Store Auto Repair Shop Grocery & Convenience Store Discount Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Pitkin
    County
    Vernon
    State
    Louisiana
    Longitude
    -93.241225
    Latitude
    31.028997

    Nearby Similar for Sale

    • $300,000
      5,000 SF

      Gas Station Convenience Store Opportunity

      Former convenience and quick-serve food location with kitchen equipment and two gas pumps supported by underground fuel tanks.
      6540 HWY 121, Pitkin, LA 71438
      View Details
    • $106,800

      Wooded Recreational Land with Highway Frontage

      Heavily wooded acreage in pine timber with Highway 10 frontage and electricity available by extension.
      T-6 Highway 10, Pitkin, LA 70656
      View Details
    • $232,920

      Wooded Hunting and Recreation Land

      Heavily wooded timber acreage on Highway 10 frontage with electricity available nearby by extension.
      T-5 Highway 10, Pitkin, LA 70656
      View Details
    • $106,500

      Forested Land with Highway 10 Frontage

      Heavily wooded acreage with Highway 10 frontage and electricity available by extension for recreational or residential projects.
      T-4 Highway 10, Pitkin, LA 70656
      View Details
    • $80,300

      Vacant Wooded Land with Highway Frontage

      Heavily wooded timber land with Highway 10 frontage and electricity available by extension for recreational or residential use.
      T-2 Highway 10, Pitkin, LA 70656
      View Details
    • $65,250

      Wooded Vacant Land Parcel

      Wooded parcel with county road frontage and power available for recreational or residential use consideration.
      T-1 Dido Loop, Pitkin, LA 70656
      View Details
    • $65,250

      Timber-Recreation Land with County Road Frontage

      Heavily wooded pine timber land with county road frontage and power available for recreational or residential use.
      T-1 Dido Loop, Pitkin, LA 70656
      View Details
    • $98,750

      Heavily Wooded Recreation Land

      25-acre parcel with county road frontage, power available, and mature mixed timber for recreational or residential use.
      T-2 Dido Loop, Pitkin, LA 70656
      View Details
    • $67,800

      11.3 Acres of Secluded Land

      11.3 acres of land in Plainview school district.
      121 10 Mile Road, Pitkin, LA 70656
      View Details
    • $98,750

      Farmland Tract for Sale

      For-sale farmland tract fronting Dido Loop in Vernon Parish, about 2.5 miles southeast of Pitkin.
      T-2 Dido Loop, Pitkin, LA 70656
      View Details

    FAQs

    What type of property is this?
    Recreation land - Heavily wooded acreage with Highway 10 frontage, suitable for recreation or residential development.
    Where is this recreation land located?
    The property is located at T-3 Highway 10 Pitkin, LA.
    What is the asking price?
    The asking price for this property is $95,850.
    What are key features of this property?
    This property features: 22 to 72 +/- acres in Allen Parish, Louisiana with Highway 10 frontage; Heavily wooded pine timber with scattered hardwoods; Electricity available by extension
    (936) 295-2500
    We can help!
    Listing Contact
    Walker Powell
    Real Estate License ID: 0700218
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    T-3 Highway 10, Pitkin, LA 70656
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!