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    2724 Oak St Jena, LA 71342

    • Office Properties & Spaces
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Office Properties & Spaces

    Property Details for 2724 Oak St

    Property type
    Office Properties & Spaces

    Description

    This exceptional commercial opportunity presents two structures on two adjacent lots in the heart of downtown Jena, Louisiana, for a combined price of $225,000. The main property is a 2000 square foot commercial building ideally suited for office or retail use. Its corner lot location provides excellent visibility and accessibility, making it a highly desirable space for any business. The building's size and layout offer ample room for various configurations to meet diverse business needs. In addition to the commercial building, a house is included in the sale, adding significant value to this already attractive investment. This package deal offers a unique chance to acquire two properties in a prime downtown location at a single, competitive price. The property is situated at 2724 Oak Street, Jena, LA 71342, offering easy access to local amenities and a thriving community. This is a rare opportunity to own a substantial commercial property with added residential space in a desirable Louisiana town. The combined properties present a versatile investment with potential for immediate income generation or future development. Don't miss this chance to own a piece of downtown Jena.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Jena
    County
    22059
    State
    Louisiana
    Longitude
    -92.1305
    Latitude
    31.683

    Comparable in this City

    • Value Estimation by Request

      Jena, LA 71342

      COMMERCIAL (GENERAL)
      Jena, LA 71342
      View Details
    • Value Estimation by Request
      0.21 Acres

      Jena, LA 71342

      VACANT COMMERCIAL LAND • 0.21 Acres
      Jena, LA 71342
      View Details
    • Value Estimation by Request
      0.71 Acres

      Jena, LA 71342

      VACANT COMMERCIAL LAND • 0.71 Acres
      Jena, LA 71342
      View Details
    • Value Estimation by Request
      0.25 Acres

      Jena, LA 71342

      COMMERCIAL (GENERAL) • 0.25 Acres
      Jena, LA 71342
      View Details
    • Value Estimation by Request
      1.00 Acre

      Jena, LA 71342

      COMMERCIAL (GENERAL) • 1.00 Acre
      Jena, LA 71342
      View Details
    • Value Estimation by Request

      Jena, LA 71342

      VACANT COMMERCIAL LAND
      Jena, LA 71342
      View Details

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    2724 Oak St
    Jena, LA 71342
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    Realmo Value Estimation

    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.

    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.

    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
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