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Property profile & analytics
OFF-MARKET
Land

127 Choctaw Dr Franklinton, LA 70438

0.64 ac lot
Property ID
Property summary
AI-generated overview

This exceptional .64-acre waterfront lot is situated on beautiful Lake Choctaw in Franklinton, Louisiana. Boasting a prime location within a desirable community, this property offers a tranquil escape while remaining conveniently close to town. Enjoy the peace and quiet of country living with easy access to kayaking, fishing, and swimming. The lot is located in a preferred flood zone X, eliminating the need for flood insurance. Underground utilities are already in place, simplifying development. The property is subject to minimum restrictive covenants, ensuring the preservation of the community's natural beauty and character. This sought-after location also falls within a highly-rated school district, making it an ideal choice for families. The expansive lot size provides ample space for building your dream home and enjoying the stunning lake views. Don't miss this last opportunity to own a piece of paradise on Lake Choctaw. The asking price is $37,000. Buyer's agent to verify square footage. The address is Lot 127 W Choctaw Drive, Franklinton, LA 70438.

Property profile
Verified
Property type Land
Lot 0.64 ac (27,878 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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CAP Approach CAP
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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