12598 La-1 Oil City, LA 71061
This exceptional 3-acre commercial land parcel presents a remarkable investment opportunity in the thriving community of Oil City, Louisiana. Located at 12598 Louisiana Highway 1, this property boasts a highly desirable location within Caddo Parish, offering easy access to key transportation routes and amenities. The asking price for this expansive tract is $250,000, representing a compelling value for prospective buyers seeking to establish a new business venture or expand existing operations. The property's zoning (not specified in provided information) will need to be verified by the buyer to ensure compatibility with their intended use. Given its size and strategic location, this land is well-suited for a diverse range of commercial developments, from retail spaces and light industrial facilities to warehousing and distribution centers. The property's precise dimensions and topography can be confirmed through a site visit and survey. Prospective buyers are encouraged to conduct their due diligence to assess the property's suitability for their specific needs and to explore the potential for future development. This is a rare opportunity to acquire a significant commercial land holding in a growing Louisiana market. The property's address is 12598 LA-1, Oil City, LA 71061. Its geographical coordinates are latitude 32.7600487 and longitude -93.9783862.
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
Similar Nearby for Sale
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.