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    Property profile & analytics

    106 Courthouse Sq Rayville, LA 71269

    • Office buildings
    • 1.00 lot acres
    For Sale
    View listing
    $149,000
    Value Estimation
    Location Intelligence
    Property ID
    US36-2154249
    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

    • Office buildings

    Property Details for 106 Courthouse Sq

    Lot size
    1.00 lot acres
    Property type
    Office buildings
    APN
    220149390
    APU
    220149390

    Description

    This exceptional 2,400 square foot office building is ideally situated in the heart of Rayville, Louisiana, directly behind the courthouse. Its prime location offers excellent visibility and accessibility. The property boasts two separate utility meters, providing the flexibility to operate as two independent units, perfect for owner-occupancy and rental income generation. Each unit benefits from its own climate control system, ensuring optimal comfort year-round. Additional features include ample parking, double entry doors, and private bathrooms within each unit. The building's versatile layout presents numerous possibilities for a wide range of businesses. The substantial size and convenient location make this a rare opportunity in the Rayville market. This property offers a unique blend of functionality and convenience, making it an attractive investment for both established businesses and entrepreneurs seeking a well-maintained and strategically located space. The dual-unit setup allows for diverse operational strategies, maximizing potential returns. Don't miss this chance to acquire a highly desirable commercial property in a thriving community. Act quickly, as this opportunity is unlikely to remain available for long.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Rayville
    County
    Richland
    State
    Louisiana
    Longitude
    -91.7601
    Latitude
    32.4771

    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
    $301
    $1,070
    $2,140
    $3,210
    -
    $10,700
    $14,267
    $24,967

    Comparable in this City

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    106 Courthouse Sq
    Rayville, LA 71269
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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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