2817 Service RdRuston, LA 71270

  • Office properties
  • 3,120 SF
For Sale
$199,000 View listing

Property Details for 2817 Service Rd

Year built
1950
Lot size
6.80 AC
Property size (Sq ft)
3,120 SF
Property type
Office properties
Property subtype
Other office properties
APN
11477
APU
11477

Description

This exceptional mixed-use property presents a rare opportunity in Ruston, Louisiana. Situated on a substantial 6.8-acre lot, this 3,120 square foot building offers significant potential for a variety of commercial ventures. Its convenient location near Interstate 20, easily accessible from South Service Road, provides excellent visibility and accessibility. The property is zoned B4 Highway Business, allowing for a diverse range of permitted uses

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $495,793
    6.5%
    $457,655
    7%
    $424,965
  • Comparable approach

    Method
    Valuation
    Relative Method
    $589,305
    Geo Method
    $223,174
  • Alternative Use

    Use
    Valuation
    Residential
    $567,492
    Hospitality
    $519,820
    Educational
    $432,484
    Medical
    $447,358
    Retail
    $672,753
2817 Service Rd, Ruston, Louisiana
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Location Insight

City
Ruston
County
Lincoln
State
Louisiana
Latitude
32.5374
Longitude
-92.6727
CBSA code
40820
CBSA name
RUSTON, 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
$2,415
$7,950
$10,668
$18,618
-
$79,500
$71,117
$150,617

FAQs

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