Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    La-25 Franklinton, LA 70438

    • Mobile home & RV parks
    • 152.00 lot acres
    For Sale
    View listing
    $1,995,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Mobile home & RV parks

    Property Details for 0 La-25

    Lot size
    152.00 lot acres
    Property type
    Mobile home & RV parks
    Property subtype
    Land

    Description

    This exceptional 152-acre property in Franklinton, Louisiana, presents a unique investment opportunity. Boasting 3,168 feet of river frontage on the Bogue Chitto River, this land offers diverse potential uses. The property features two lakes (one 30 acres, suitable for stocking fish), a smaller pond, and mature plantation pines and green woods. Existing infrastructure includes established road systems, over half a mile of frontage on Highway 25, and a predial servitude entrance on Highway 38. Pre-existing gravel pads provide ideal locations for future development, such as a clubhouse, tennis court, or swimming pool. Multiple potential homesites are situated near the river. The seller is open to owner financing and subdivision possibilities. This versatile tract is perfect for a family compound, RV park/campground, hunting retreat, or other recreational uses. Located in Washington Parish, Louisiana, with the address on LA-25, zip code 70438, this property is conveniently accessible. Additional information is available upon request.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Franklinton
    County
    Washington Parish
    State
    Louisiana
    Longitude
    -90.1763
    Latitude
    30.8356

    Comparable in this City

    • Value Estimation by Request
      23.48 Acres

      32433 Pearlie Causey Rd

      Farms • 23.48 Acres
      32433 Pearlie Causey Rd, Franklinton, LA 70438
      View Details
    • Value Estimation by Request
      1,500.00 Acres

      37218 Chess Bankston Rd

      Farms • 1,500.00 Acres
      37218 Chess Bankston Rd, Franklinton, LA 70438
      View Details
    • Value Estimation by Request
      63.00 Acres

      63 Acres Prosperity Rd

      Land • 63.00 Acres
      63 Acres Prosperity Rd, Franklinton, LA 70438
      View Details
    • Value Estimation by Request

      Franklinton, LA 70438

      MOBILE HOME PARK, TRAILER PARK
      Franklinton, LA 70438
      View Details
    • Value Estimation by Request
      124.40 Acres

      17309 La-16

      Land • 124.40 Acres
      17309 La-16, Franklinton, LA 70438
      View Details
    • Value Estimation by Request
      0.56 Acres

      104 Lk Choctaw Rd

      Land • 0.56 Acres
      104 Lk Choctaw Rd, Franklinton, LA 70438
      View Details

    Similar Nearby for Sale

    • $1,995,000
      152.00 Acres

      152-Acre Louisiana Waterfront Land

      Prime Hunting, Recreational, & Development Land
      0 La-25, Franklinton, LA 70438
      View Details
    • $15,000,000
      1,500.00 Acres

      Louisiana Farm & Industrial Land

      1,500 Acres, Prime Development Opportunity
      37218 Chess Bankston Rd, Franklinton, LA 70438
      View Details
    • $399,000
      1,039 SF

      Franklinton Land with Barndominium

      18+ acres with barndominium, workshop, and RV storage.
      20259 Sylvest Rd, Franklinton, LA 70438
      View Details
    • $275,000
      40.45 Acres

      Franklinton Land with Hunting Potential

      40.45 acres in Franklinton, LA, ideal for hunting.
      29433 Roscoe Dillon Rd, Franklinton, LA 70438
      View Details
    • $260,000
      22.32 Acres

      22.32 Acre Vacant Land

      22.32 acre tract in Franklinton, LA with pond.
      Simmons Rd, Franklinton, LA 70438
      View Details
    • $1,350,000
      5.61 Acres

      Profitable Mobile Home Park Opportunity

      Turn-key mobile home park with room to grow cashflow.
      23805 Hwy 430 Hwy, Franklinton, LA 70438
      View Details
    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.
    La-25
    Franklinton, LA 70438
    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

    Google sign-in failed. Please try again or use another login method.