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Property profile & analytics

2414 5Th St Leesville, LA 71446

  • Retail space
  • 2.00 lot acres
Value Estimation
$3,715,000
Last Sale
May 20, 2022
$4,436,800
Location Intelligence
Property ID
US36-1621776
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

  • Claire's / Fashion Accessories Store
  • CPR Cell Phone Repair Leesville / Electronics Store / Mobile Phone Repair Shop
  • Direct Loans / Loan Agency
  • Direct Payday Loans / Loan Agency / Appraiser
  • Rent-A-Center / Cell Phone Store / Electronics Store

Property Details for 2414 5Th St

Lot size
2.00 lot acres
Property type
Retail space
APN
011-100-2825
APU
111002825

Description

Leesville Plaza presents a compelling investment opportunity in a thriving retail environment. This 22,160 square foot Walmart shadow center boasts a prime location along S 5th Street, the main retail corridor of Leesville. The center benefits from the significant traffic generated by the adjacent Walmart, attracting an estimated 2.6 million annual visits. This high visibility ensures strong foot traffic for all tenants. Currently, the center features a strong tenant mix, including established businesses like Petsense and Rent-A-Center. Tenants benefit from the synergistic effect of being located near other national retailers such as Ross Dress for Less, Lowe's, Tractor Supply, Goodwill, and Burke's, creating a robust and diverse shopping destination. The property comprises ten suites in total, with a maximum contiguous space of 3,680 square feet and two spaces currently available. This makes it ideal for a variety of retail businesses, healthcare providers, or restaurants seeking a high-traffic location with established neighboring businesses. The property's strategic placement within the main retail corridor and its proximity to a high-traffic Walmart store makes it an exceptional opportunity for businesses seeking significant exposure and customer reach in the Leesville market. The existing tenant mix provides a stable and attractive environment for new businesses to thrive.

Value Estimation

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

    CAP return
    Estimation
    Estimation
    $3,390,000
  • CAP approach

    CAP return
    Estimation
    6%
    $4,295,000
    6.5%
    $4,520,000
    7%
    $3,950,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $4,720,000
    Geo Method
    $4,225,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $4,905,000
    Retail
    $3,845,000
    Mixed-Use
    $3,835,000
    Hospitality
    $3,785,000
    Educational
    $3,915,000
    Residential Income
    $4,640,000
    Energy
    $5,080,000
    Income-Based Land
    $4,460,000
    Food Service
    $4,725,000

Location Insight

  • Map
  • Local Demand
City
Leesville
County
Vernon
State
Louisiana
Longitude
-93.2719
Latitude
31.1182
CBSA code
22860
CBSA name
FORT POLK SOUTH, 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
$72,185
$32,690
$582,750
$615,440
-
$326,900
$3,885,000
$4,211,900
More about this property
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