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Property profile & analytics
OFF-MARKET
Land

12598 La-1 Oil City, LA 71061

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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