113 Croom St, Mooringsport, LA 71060
This exceptional investment opportunity presents a 0-unit commercial lot ideally situated at the corner of Croom Street and Highway 538 in the heart of Mooringsport, Louisiana. Boasting a prime location, this property enjoys high visibility next to the post office, directly across from the fire station, town gazebo, and town hall. Its proximity to Caddo Lake, just off the South bridge exit, adds significant appeal. A short distance from a boat launch and Caddo Dam further enhances its strategic position. The property's history includes use as a combined self-service gas station, convenience store, bait shop, and auto repair facility. Existing infrastructure includes one auto repair bay with an overhead door at the front and two additional service bays with oil change pits at the rear. Note that the underground fuel tanks require inspection and certification before reuse. This property is conveniently located in Caddo Parish, Louisiana, with the zip code 71060. Importantly, this lot is not situated within a designated flood zone, mitigating potential risk. This presents a unique chance to acquire a well-positioned commercial property with significant development potential in a thriving community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.