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    Property profile & analytics

    5115 Highway 34 Eros, LA 71238

    • Retail properties
    For Sale
    View listing
    $1,483,125
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 5115 Highway 34

    Property type
    Retail properties
    Property subtype
    Investment properties

    Description

    This is the opportunity to purchase a new 10 year net leased Family Dollar in Eros, Louisiana. The lease calls for minimal landlord obligations. This building is the latest dual branded format store offering both Family Dollar/Dollar Tree merchandise. The asset benefits from excellent visibility along State Highway 34 Location Description Eros is a town in Jackson Parish, Louisiana, United States. The population was 130 at the 2020 Census It is part of the Ruston Micropolitan Statistical Area.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Eros
    County
    State
    Louisiana
    Longitude
    -92.4318
    Latitude
    32.3838

    Comparable in this City

    • Value Estimation by Request

      Eros, LA 71238

      STORE/OFFICE (MIXED USE)
      Eros, LA 71238
      View Details
    • Value Estimation by Request

      Eros, LA 71238

      STORE/OFFICE (MIXED USE)
      Eros, LA 71238
      View Details
    • Value Estimation by Request
      4.00 Acres

      Eros, LA 71238

      MINI-WAREHOUSE, STORAGE • 4.00 Acres
      Eros, LA 71238
      View Details
    • Value Estimation by Request
      90.00 Acres

      1108 Crowell Rd

      COMMERCIAL (GENERAL) • 90.00 Acres
      1108 Crowell Rd, Eros, LA 71238-9470
      View Details
    • Value Estimation by Request
      15.00 Acres

      3947 Hwy 548

      MINI-WAREHOUSE, STORAGE • 15.00 Acres
      3947 Hwy 548, Eros, LA 71238-7137
      View Details
    • Value Estimation by Request
      3.00 Acres

      427 Okaloosa Rd

      COMMERCIAL (GENERAL) • 3.00 Acres
      427 Okaloosa Rd, Eros, LA 71238-8395
      View Details

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      Eros, LA Commercial Property Investment

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    5115 Highway 34
    Eros, LA 71238
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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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