0 La-169 Greenwood, LA 71033
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.