Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    4862 1 Hwy Marksville, LA 71351

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4862 1 Hwy Marksville, LA 71351

    View on Map
    • Commercial real estate
    • 6,800 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 4862 1 Hwy

    Year built
    1970
    Property size
    6,800 SF
    Property type
    Commercial real estate

    Description

    This exceptional 6,800 square foot commercial property, located at 4862 Highway 1 in Marksville, Louisiana, presents a significant investment opportunity. The building is classified as general commercial and offers ample space for a variety of business ventures. Situated on a lot with no acreage specified, the property's location on Highway 1 provides excellent visibility and accessibility for customers and employees. The asking price is $275,000, representing a compelling value for a property of this size and location within the Marksville market. The building's interior layout is not specified, allowing for flexible adaptation to suit diverse business needs. Potential buyers are encouraged to conduct their own due diligence to assess the suitability of the property for their specific business requirements. Given its prominent highway frontage and substantial square footage, this property is well-suited for a range of commercial uses, from retail and office space to light industrial operations. The absence of acreage suggests a focus on building utilization rather than extensive land development. This presents a unique opportunity for businesses seeking a well-positioned commercial space in a thriving Louisiana community. Serious inquiries are welcome to explore this promising investment prospect further. The property is ready for immediate occupancy, offering a quick start for new businesses or relocation opportunities for existing enterprises. The strategic location on Highway 1 ensures high traffic visibility, maximizing potential customer reach.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Marksville
    County
    Avoyelles
    State
    Louisiana
    Longitude
    -92.1017
    Latitude
    31.1443

    Comparable in this City

    • Value Estimation by Request
      0.47 Acres

      3001 Hwy 1192

      COMMERCIAL (GENERAL) • 0.47 Acres
      3001 Hwy 1192, Marksville, LA 71351
      View Details
    • Value Estimation by Request
      0.81 Acres

      4242 Hwy 1192

      COMMERCIAL (GENERAL) • 0.81 Acres
      4242 Hwy 1192, Marksville, LA 71351-4710
      View Details
    • Value Estimation by Request
      0.38 Acres

      114 Laprairie Rd

      COMMERCIAL (GENERAL) • 0.38 Acres
      114 Laprairie Rd, Marksville, LA 71351
      View Details
    • Value Estimation by Request
      0.07 Acres

      317 Main St

      COMMERCIAL (GENERAL) • 0.07 Acres
      317 Main St, Marksville, LA 71351-2410
      View Details
    • Value Estimation by Request

      676 Main St

      COMMERCIAL (GENERAL)
      676 Main St, Marksville, LA 71351
      View Details
    • Value Estimation by Request

      272 Mark St

      COMMERCIAL (GENERAL)
      272 Mark St, Marksville, LA 71351-2416
      View Details

    Similar Nearby for Sale

    • $500,000
      4,900 SF

      Prime Marksville Commercial Trio

      Three Offices, Ample Parking, $500K
      313 Center St, Marksville, LA 71351
      View Details
    • $30,000
      1.14 Acres

      Residential Land in OakWind Estates

      Residential land for sale in Marksville, Louisiana.
      Hwy 115, Marksville, LA 71351
      View Details
    • $250,000
      0.26 Acres

      Commercial Building on Highway 1

      10,000 sq ft commercial building with high visibility.
      338 Tunica Dr West, Marksville, LA 71351
      View Details
    • $100,000

      Commercial Building on Highway 1

      Investment property with tenant, ideal for car lot or shop.
      330 Tunica Dr, Marksville, LA 71351
      View Details
    • $975,000
      9,049 SF

      Marksville Commercial Investment Opportunity

      High-performing, cash flowing investment with long-term tenants and 100% occupancy.
      320 Acton Rd, Marksville, LA 71351
      View Details
    • $43,000
      0.68 Acres

      Waterfront Lot on Little River

      0.68 acre waterfront lot on Little River.
      00 Zeno Desselle Rd, Marksville, LA 71351
      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.
    4862 1 Hwy
    Marksville, LA 71351
    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.
    Sign Up Successful!
    You now have access to more from Realmo!