Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    US-165 Woodworth Plz Woodworth, LA 71485

    • Retail properties
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for US-165 Woodworth Plz

    Year built
    2022
    Property type
    Retail properties

    Description

    This exceptional single-tenant retail space, located at Woodworth Plaza on Highway 165 in Woodworth, Louisiana, presents a prime opportunity for businesses seeking high visibility and convenient access. The property, built in 2022, boasts a total of 2,117 square feet within a single, one-story building. Situated in Rapides Parish, this shopping center benefits from municipal/electric power. Its strategic location along Highway 165 ensures excellent exposure to a significant volume of traffic. The property is ideally suited for a variety of retail uses, including restaurants, retail shops, or medical/professional offices. This is a rare chance to establish a presence in a brand-new development within a thriving community. The property's modern construction and convenient location make it an attractive option for businesses seeking to expand or establish a new location in the Woodworth area. Two spaces are currently available for lease. This is a turn-key opportunity to capitalize on the growth potential of this rapidly developing area. The property's single-tenant configuration offers simplicity and control, making it an attractive investment for businesses of all sizes. Contact us today to learn more about this exceptional retail space.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Woodworth
    County
    Rapides Parish
    State
    Louisiana
    Longitude
    -92.5594
    Latitude
    31.1686

    Comparable in this City

    • Value Estimation by Request
      8,700 SF

      9338 Hwy 165th S

      MINI-MALL • 8,700 SF
      9338 Hwy 165th S, Woodworth, LA 71485-9790
      View Details
    • Value Estimation
      $1,025,000
      10,405 SF

      9413 Hwy 165th S

      RETAIL STORES (PERSONAL SERVICES) • 10,405 SF
      9413 Hwy 165th S, Woodworth, LA 71485-9787
      View Details
    • Value Estimation by Request
      4.00 Acres

      Hwy 165

      VACANT COMMERCIAL LAND • 4.00 Acres
      Hwy 165, Woodworth, LA 71485
      View Details
    • Value Estimation by Request
      3.00 Acres

      Woodworth, LA 71485

      OFFICE (GENERAL) • 3.00 Acres
      Woodworth, LA 71485
      View Details
    • Value Estimation by Request
      2.49 Acres

      Us-165

      Land • 2.49 Acres
      0 Us-165, Woodworth, LA 71485
      View Details
    • Value Estimation by Request
      20.75 Acres

      9205 Us-165

      Land • 20.75 Acres
      9205 Us-165, Woodworth, LA 71485
      View Details

    Similar Nearby for Sale

    • $174,500
      2.49 Acres

      Hwy 165 Commercial Land

      2.5-Acre Commercial Site in Ball, LA
      0 Us-165, Woodworth, LA 71485
      View Details
    • $100,000
      0.85 Acres

      Woodworth Land with Pond View

      Two residential lots overlooking a pond, suitable for building or investment.
      Lady Carolyn Cir, Woodworth, LA 71485
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      4,538 SF

      Commercial Plaza on Highway 165

      New commercial plaza in Woodworth, suitable for retail or office.
      9338 None, Woodworth, LA 71485
      View Details
    • $1,400,000
      40,000 SF

      Woodworth Warehouse with Detached Office

      40,000 sq ft warehouse with detached 2,000 sq ft office.
      2661 Coulee Crossing Rd, Woodworth, LA 71485
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    US-165 Woodworth Plz
    Woodworth, LA 71485
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.