Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    124 Jefferson St Mansfield, LA 71052
    Back to Search
    Property profile & analytics

    124 Jefferson St, Mansfield, LA 71052

    View on Map
    • Retail space
    For Sale
    $250,000
    View Listing →
    Mansfield Retail & Office Space For Sale
    $250,000
    4,878 SF

    Mansfield Retail & Office Space

    Prime Location, 4,878 SF, $250K

    124 Jefferson St, Mansfield, LA 71052
    View Listing
    Property ID
    US36-1549647
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • True Deliverance Worship Center / Church / Mosque

    Property Details for 124 Jefferson St

    Property type
    Retail space
    APN
    400723174
    APU
    400723174

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 1, 2025 — Community Bank Of Louisiana Rrco Rentals LLC Deed —

    Description

    This exceptional 4,878-square-foot commercial property, located at 124 Jefferson Street in Mansfield, Louisiana, presents a unique investment opportunity. Priced at $250,000 ($51.25 per square foot), this versatile space is ideally suited for a variety of uses, including retail, office, or flex space. The building boasts a spacious layout, featuring a large open flex area perfect for showcasing merchandise or setting up workstations. Three private offices are situated at the rear, providing ideal spaces for management or individual work. A full kitchen and three restrooms (one with a shower) add convenience and functionality. Ample parking is available with 15 designated spaces. The property also includes a sizable storage area and a separate administrative/reception area, enhancing its operational efficiency. The building's dimensions are approximately 50 feet by 100 feet, offering significant flexibility in its configuration. A small yard at the rear of the property provides additional outdoor space. This property is situated in De Soto Parish, Louisiana, with the zip code 71052. The location offers excellent visibility and accessibility, making it an attractive option for businesses seeking a prominent presence in Mansfield. Don't miss this chance to acquire a well-maintained and versatile commercial property in a thriving Louisiana community.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Mansfield
    County
    De Soto
    State
    Louisiana
    Longitude
    -93.7095
    Latitude
    32.0362
    CBSA code
    43340
    CBSA name
    SHREVEPORT-BOSSIER CITY, 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
    $0.00
    $2,450
    $33,075
    $35,525
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.01 Acres

      1120 Jenkins St

      RETAIL STORES (PERSONAL SERVICES)
      1120 Jenkins St, Mansfield, LA 71052-4118
      View Details
    • Value Estimation by Request

      100 Texas St

      RETAIL STORES (PERSONAL SERVICES)
      100 Texas St, Mansfield, LA 71052-2446
      View Details
    • Value Estimation by Request

      504 Washington Ave

      RETAIL STORES (PERSONAL SERVICES)
      504 Washington Ave, Mansfield, LA 71052-3106
      View Details
    • Value Estimation by Request

      1039 Washington Ave

      RETAIL STORES (PERSONAL SERVICES)
      1039 Washington Ave, Mansfield, LA 71052-3711
      View Details
    • Value Estimation by Request

      115 Jefferson St

      RETAIL STORES (PERSONAL SERVICES)
      115 Jefferson St, Mansfield, LA 71052-2601
      View Details
    • Value Estimation by Request
      1.00 Acre

      1051 Washington Ave

      RETAIL STORES (PERSONAL SERVICES)
      1051 Washington Ave, Mansfield, LA 71052-3711
      View Details

    Similar Nearby for Sale

    • $350,000
      Pending

      Working Laundromat Retail Opportunity

      For sale working laundromat, offering an income-focused retail business setup on a small commercial lot.
      312 Louise St, Mansfield, LA 71052
      View Details
    • Contact for pricing

      Commercial Property Near Walmart

      Commercial property suitable for retail or restaurant development.
      7292 La-509, Mansfield, LA 71052
      View Details
    • $205,500
      5.65 Acres

      Unrestricted Land with Metal Shop

      5.65 acres with a newer metal shop building.
      2834 Highway 513, Mansfield, LA 71052
      View Details
    • Contact for pricing

      Car Wash on Highway 175

      Car wash with high traffic location on Highway 175.
      1266 Pegues St, Mansfield, LA 71052
      View Details
    • $120,000
      3,043 SF

      Mansfield Retail Space - High Potential

      Prime corner lot, 3000+ sq ft, needs TLC.
      101 Jefferson St, Mansfield, LA 71052
      View Details
    • $250,000
      4,878 SF

      Mansfield Retail & Office Space

      Prime Location, 4,878 SF, $250K
      124 Jefferson St, Mansfield, LA 71052
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    124 Jefferson St
    Mansfield, LA 71052
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    124 Jefferson St, Mansfield, LA, 71052
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!