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Property profile & analytics
OFF-MARKET
Land

Choctaw Lot 101 Lk Franklinton, LA 70438

0.98 ac lot
Property ID
Property summary
AI-generated overview

This exceptional .98-acre residential lot in the desirable Lake Choctaw subdivision presents a unique opportunity to build your dream home. Located in Franklinton, Louisiana, this property boasts direct lake access, perfect for fishing enthusiasts and those seeking a tranquil waterfront lifestyle. The lot is situated in a beautiful subdivision with underground utilities readily available from the main service line. A minimum building size of 1500 square feet is required, ensuring a cohesive and upscale community aesthetic. The annual HOA fee of $100 is optional, offering flexibility to homeowners. This property is located in a flood zone X, eliminating the need for flood insurance, providing peace of mind and cost savings. The surrounding area offers access to a highly-rated school district, making it an ideal location for families. Don't miss this last chance to own a piece of this sought-after community. Buyers are responsible for verifying the square footage. The property is conveniently located at Lot 101 Lake Choctaw, Franklinton, LA 70438. This is a prime opportunity to invest in a tranquil, yet conveniently located, lakeside property.

Property profile
Verified
Property type Land
Lot 0.98 ac (42,689 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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