115 Pine Ln, Franklinton, LA 70438
Own a piece of Lake Choctaw in this desirable Louisiana community. This .62-acre residential lot offers unparalleled lake access, perfect for building your dream home. Located in the highly-rated Franklinton school district, this property boasts underground utilities from the main service line, ensuring a seamless building process. The lot is situated in a beautiful subdivision with a welcoming community atmosphere. Enjoy excellent fishing opportunities right at your doorstep. While a $100 annual HOA fee is optional, it provides access to community amenities. The minimum build size is 1500 square feet. Importantly, this property is located in Flood Zone X, eliminating the need for flood insurance. This is a rare opportunity to secure a prime lakeside lot in a sought-after location. Buyers are advised to independently verify the square footage. The property is conveniently located at Lot 115 Pine Lane, Franklinton, LA 70438. Don't miss this chance to build your future in this exceptional setting. Asking price: $27,000.
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
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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.