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    Choctaw Lot 102 Lk Franklinton, LA 70438

    • Land
    • 0.62 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for Choctaw Lot 102 Lk

    Lot size
    0.62 lot acres
    Property type
    Land

    Description

    This exceptional .62-acre residential lot in the desirable Lake Choctaw subdivision presents a unique opportunity to build your dream home. Located in Franklinton, Louisiana, this property boasts direct lake access, perfect for fishing enthusiasts and those seeking a tranquil lakeside lifestyle. The lot is situated in a beautiful subdivision with underground utilities available from the main service line, ensuring convenient connectivity. A minimum build size of 1500 square feet is required, allowing for ample space to create a comfortable and spacious residence. The community offers a welcoming atmosphere and is served by a highly-rated school district. An optional $100 annual HOA fee provides access to community amenities. Importantly, this property is located in Flood Zone X, eliminating the need for flood insurance, offering peace of mind to potential buyers. This is a last chance to own a lot in this sought-after subdivision. Buyers are advised to independently verify the square footage. The property is conveniently located in Washington Parish, Louisiana, with the zip code 70438. Don't miss this chance to own a piece of this serene lakeside community.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Franklinton
    County
    Washington
    State
    Louisiana
    Longitude
    -90.0226
    Latitude
    30.8913

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      116 Choctaw Dr, Franklinton, LA 70438
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    Franklinton, LA 70438
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    Realmo Value Estimation

    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.

    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.

    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
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