0 Stanton St New Llano, LA 71461
This exceptional 0.7-acre commercial land parcel presents a remarkable investment opportunity in the thriving New Llano, Louisiana market. Strategically located just off Highway 171, with convenient access from both Stanton Street and Louisiana Street, this property boasts multiple entry points ensuring optimal traffic flow and high visibility. The property's prime location is further enhanced by its proximity to established businesses such as Chili's, AT&T, and Walmart, guaranteeing significant foot traffic and brand recognition. The permitted zoning is commercial, allowing for a wide range of development possibilities. The land is currently available for purchase at an asking price of $487,872. The lease on the property expired on July 31, 2023, making it immediately available for development or lease. This property is owned by Jefferson. Located in Vernon Parish, Louisiana, with a zip code of 71461, this site offers unparalleled potential for businesses seeking a high-traffic, easily accessible location in a growing community. The coordinates are 31.115615123013 latitude and -93.27297387362488 longitude. Don't miss this chance to secure a prime piece of commercial real estate in a highly desirable location.
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
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.