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Property profile & analytics
OFF-MARKET
Land

0 Nwc Of Polk St & Myra St Mansfield, LA 71052

0.4 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.4-acre commercial lot, located at the northwest corner of Polk Street (US Hwy 84) and Myra Street in Mansfield, Louisiana, presents a remarkable opportunity. Zoned B-3 commercial, this generally level and cleared site boasts excellent visibility and accessibility due to its corner location on a heavily trafficked intersection. Polk Street, a four-lane highway, serves as Mansfield's main east-west artery, ensuring high traffic volume and exposure for any development. The property is conveniently situated eight blocks east of the DeSoto Parish Courthouse and US Hwy 171, and three blocks west of Brookshires Grocery Store and Mansfield Auto World GM Dealership. The lot size is approximately 17,595 square feet, and appears to be well-drained. This prime location in Mansfield, the parish seat of DeSoto Parish (population 27,136, including Mansfield), offers unparalleled potential for commercial or retail development. The property is priced at $80,000, reduced from $100,000, representing a significant value proposition. The asking price equates to $4.55 per square foot. Note that the land size is subject to survey and minerals are not included. APN: 0400609054. Mansfield, with a population of 4,700, is located 27 miles south of Shreveport, LA.

Property profile
Verified
Property type Land
Lot 0.4 ac (17,424 SF)
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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