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    1515 Highway 9 Summerfield, LA 71079

    • Commercial real estate
    • 4,311 SF
    • 3.00 lot acres
    For Sale
    View listing
    $69,500
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1515 Highway 9

    Year built
    1965
    Lot size
    3.00 lot acres
    Property size
    4,311 SF
    Property type
    Commercial real estate

    Description

    This exceptional 3-acre commercial property, situated on Highway 9 in Summerfield, Louisiana, presents a remarkable investment opportunity. The property boasts two well-maintained buildings constructed in the 1970s, totaling 4,311 square feet. The main building features a spacious, open design with high ceilings, perfect for a variety of uses. Imagine transforming this space into an event venue, a flexible office complex, or a vibrant community center. The adaptable layout allows for seamless customization to meet your specific needs. A connected multi-purpose area offers additional space, ideal for meetings, classrooms, or supplementary offices, enhancing the property's versatility. A separate, standalone building provides further flexibility, suitable for storage, workshops, or other supplementary activities. The expansive 3-acre lot is beautifully landscaped with mature trees and open green spaces, offering ample room for parking, outdoor activities, or future expansion. The property's prime location on Highway 9 ensures excellent visibility and convenient access, making it an ideal location for a wide range of commercial ventures. This unique property offers a blend of functionality, space, and location, presenting an unparalleled opportunity for a discerning investor or business owner seeking a versatile and well-positioned commercial space. The asking price is $69,500.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Summerfield
    County
    Claiborne
    State
    Louisiana
    Longitude
    -92.7604
    Latitude
    32.9757

    Comparable in this City

    • Value Estimation by Request

      Summerfield Ln

      Land
      0 Summerfield Ln, Summerfield, LA 71079
      View Details
    • Value Estimation by Request
      3.00 Acres

      5832 Hwy 9th 9

      INDUSTRIAL (GENERAL) • 3.00 Acres
      5832 Hwy 9th 9, Summerfield, LA 71079-7910
      View Details
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    1515 Highway 9
    Summerfield, LA 71079
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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
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