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Property profile & analytics
OFF-MARKET
Land

21011 Us-167 Dry Prong, LA 71423

2.51 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 2.51 ac (109,336 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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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