Property profile

12404 Mansfield Rd Keithville, LA 71047

FOR SALE
Commercial real estate
Property ID
US36-0449165
520 SF 16.63 ac lot
Individually Owned 5-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 8-10 acre parcel of land, located at 12404 Mansfield Rd, Keithville, LA 71047, presents a significant investment opportunity. Situated in Caddo Parish, this property boasts an I-1 zoning designation, making it ideal for a variety of commercial and industrial uses. The expansive lot size offers ample space for development, catering to businesses requiring significant acreage. The property's strategic location on the east side of Mansfield Road ensures high visibility and convenient access. The asking price is $817,200, with potential sale prices ranging from $1 to $2 per square foot. Lease options are also available, with annual net rates ranging from $.25 to $1 per square foot. The APN is 161432000009900. This property is ready for your vision, offering a unique chance to establish a thriving business in a rapidly growing area. Don't miss this chance to acquire a substantial piece of land with significant development potential. Contact us today to learn more about this exciting opportunity.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Construction FRAME
Total area 520 SF
Lot 16.63 ac (724,490 SF)
APN 161432-000-0099-00
UPID US36-0449165

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

12404 Mansfield Rd Keithville, LA 71047
Keithville metro Census 24102 SHREVEPORT-BOSSIER CITY, LA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

since 2020
3 recorded transactions
2020
$60,000
2013
Price N/A
2007
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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