21011 Us-167 Dry Prong, LA 71423
This exceptional 2.51-acre commercial land parcel is strategically located on Highway 167 in the thriving community of Dry Prong, Louisiana. Boasting 221 feet of prominent road frontage, this property presents a remarkable opportunity for various commercial ventures. The site includes a pre-existing 1200 square foot building, previously utilized as both a workshop and an apartment, offering immediate potential for adaptation or expansion. Essential utilities are readily available, including CLECO electric and South Grant Water services, with community sewer also accessible. Situated in Grant Parish, Louisiana, with the address 21011 US-167, zip code 71423, this property benefits from its high visibility and convenient access to the highway. The asking price is $229,900. This is an ideal location for businesses seeking to capitalize on the growth and development within this dynamic community. The property's versatility and existing infrastructure make it a truly attractive investment opportunity. Don't miss this chance to secure a prime commercial location in a rapidly expanding 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.