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    1814 Main St Franklin, LA 70538

    • Commercial real estate
    For Lease
    View listing
    $6 SF/Yr
    Value Estimation
    Location Intelligence
    Property ID
    US36-2060282
    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 1814 Main St

    Property type
    Commercial real estate
    APN
    2234741090.00
    APU
    223474109000

    Description

    This exceptional 75,000 square foot retail property, located at 1814 Main St, Franklin, LA 70538, presents a unique investment opportunity. Situated on a 7-acre lot in St. Mary Parish, this single-story strip center and mixed-use building offers multiple tenancy options. Currently, there are 35,715 square feet of vacant space available, divisible into units ranging from a minimum of 1,500 square feet to a maximum contiguous space of 18,630 square feet. The property boasts excellent visibility and accessibility, making it highly desirable for a variety of retail businesses. The existing tenant mix includes established businesses such as Anytime Fitness, Family Dollar, and Affordable Furnishings, creating a diverse and thriving retail environment. This prime location within Franklin's retail sector ensures high foot traffic and strong potential for growth. The property's single-story design and ample parking provide convenience for both tenants and customers. This is an ideal opportunity for businesses seeking a prominent location in a well-established retail center. The property's size and flexibility allow for a wide range of potential uses, making it an attractive option for both established businesses and new ventures. Contact us today to learn more about this exceptional retail space.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Franklin
    County
    Saint Mary
    State
    Louisiana
    Longitude
    -91.5062
    Latitude
    29.8079
    CBSA code
    34020
    CBSA name
    MORGAN CITY, 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
    $13,850
    $14,533
    $128,379
    $142,912
    -
    $145,330
    $855,860
    $1,001,190

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    1814 Main St
    Franklin, LA 70538
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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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