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Property profile & analytics

808 Riverside Dr Franklinton, LA 70438

  • Commercial real estate
  • 0.17 lot acres
Value Estimation
Location Intelligence
Property ID
US36-0802001
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 808 Riverside Dr

Lot size
0.17 lot acres
Property type
Commercial real estate
APN
330142110
APU
330142110

Description

This exceptional investment opportunity in Franklinton, LA, presents two commercial buildings totaling 3,596 square feet situated on a 0.17-acre lot. The property comprises a 2,100 square foot retail building at 808 Riverside Drive and a 1,265 square foot medical office building at 810 Riverside Drive. The retail space features an open floor plan ideal for various retail uses, complemented by a restroom, break area, rear storage, and a 150 square foot front porch. The medical office building offers a reception/waiting area, storage room, small lab, three exam rooms, a private office, and two half bathrooms, along with an 81 square foot front porch. Both buildings have recently undergone significant improvements, including professional exterior painting and new flooring throughout the medical office building. These upgrades ensure the property is in excellent condition and ready for immediate occupancy. The property's location within a preferred flood zone and its proximity to a local hospital add significant value and appeal. This is a rare opportunity to acquire a well-maintained, dual-purpose commercial property in a desirable location, presenting strong potential for rental income or owner-occupancy. The asking price is $315,000.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $220,000
  • CAP approach

    CAP return
    Estimation
    6%
    $265,000
    6.5%
    $290,000
    7%
    $310,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $280,000
    Geo Method
    $240,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $325,000
    Retail
    $255,000
    Mixed-Use
    $330,000
    Hospitality
    $310,000
    Educational
    $265,000
    Residential Income
    $320,000
    Energy
    $245,000
    Income-Based Land
    $280,000
    Food Service
    $320,000

Location Insight

  • Map
  • Local Demand
City
Franklinton
County
Washington
State
Louisiana
Longitude
-90.1524
Latitude
30.8332
CBSA code
14220
CBSA name
BOGALUSA, LA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,007
$1,000
$37,870
$38,870
-
$10,000
$252,467
$262,467
More about this property
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