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    Property profile & analytics

    1001 Sterlington Hwy Farmerville, LA 71241-3809

    • Warehouses
    • 18,295 SF
    OFF-MARKET
    Value Estimation
    $2,420,000
    Last Sale
    Mar 29, 2023
    $2,600,000
    Location Intelligence
    Property ID
    US36-2102988
    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

    • Farmerville Motors Parts / Auto Parts Store
    • Legacy of Farmerville / Auto Parts Store / Car Dealer
    • Farmerville Motors Chevrolet Service / Auto Repair Shop
    • Benoit Chevrolet GMC / Car Dealer / Car Finance And Loan Company

    Property Details for 1001 Sterlington Hwy

    Year built
    1969
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Property size
    18,295 SF
    Property type
    Warehouses
    APN
    11008730
    APU
    11008730

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,415,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,470,000
      6.5%
      $2,710,000
      7%
      $2,275,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,710,000
      Geo Method
      $2,160,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,765,000
      Retail
      $2,790,000
      Mixed-Use
      $2,195,000
      Hospitality
      $2,505,000
      Educational
      $2,770,000
      Residential Income
      $2,255,000
      Energy
      $2,230,000
      Income-Based Land
      $2,140,000
      Food Service
      $2,075,000

    Location Insight

    • Map
    • Local Demand
    City
    Farmerville
    County
    Union
    State
    Louisiana
    Longitude
    -92.3895
    Latitude
    32.7707
    CBSA code
    33740
    CBSA name
    MONROE, LA METROPOLITAN 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
    $12,067
    $58,540
    $76,171
    $134,711
    -
    $585,400
    $507,807
    $1,093,207

    Comparable in this City

    • Value Estimation by Request

      Farmerville, LA 71241

      MINI-WAREHOUSE, STORAGE
      Farmerville, LA 71241
      View Details
    • Value Estimation by Request

      253 Deloutre Switch Rd

      MINI-WAREHOUSE, STORAGE
      253 Deloutre Switch Rd, Farmerville, LA 71241-4950
      View Details
    • Value Estimation by Request

      1038 Scotts Hideaway Rd

      MINI-WAREHOUSE, STORAGE
      1038 Scotts Hideaway Rd, Farmerville, LA 71241
      View Details
    • Value Estimation by Request
      1,935 SF

      85 Ouida Bryan Rd

      MINI-WAREHOUSE, STORAGE • 1,935 SF
      85 Ouida Bryan Rd, Farmerville, LA 71241
      View Details
    • Value Estimation by Request
      1,776 SF

      Farmerville, LA 71241

      WAREHOUSE, STORAGE • 1,776 SF
      Farmerville, LA 71241
      View Details
    • Value Estimation by Request
      3,000 SF

      130 Airport Dr

      WAREHOUSE, STORAGE • 3,000 SF
      130 Airport Dr, Farmerville, LA 71241
      View Details

    Similar Nearby for Sale

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      High-visibility office, extra lot included.
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    Similar Nearby for Lease

    • Contact for pricing
      2,694 SF

      Farmerville KFC Sublease Opportunity

      High-traffic retail space, excellent visibility.
      725 Sterlington Hwy, Farmerville, LA 71241
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      Eagle Plaza: Retail Space Available

      High-traffic Walmart shadow center; spaces for lease.
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      Retail Space in Walmart Center

      Retail space available in Walmart shadow center.
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      View Details
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    1001 Sterlington Hwy
    Farmerville, LA 71241-3809
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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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