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    Property profile & analytics

    12740 Lay St Gilliam, LA 71029

    • Commercial real estate
    • 3,520 SF
    OFF-MARKET
    Value Estimation
    $145,000
    Last Sale
    Jul 09, 2024
    $2,795
    Location Intelligence
    Property ID
    US36-1474379
    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

    • Commercial real estate

    Property Details for 12740 Lay St

    Construction
    METAL FRAME
    Property size
    3,520 SF
    Property type
    Commercial real estate
    APN
    211407-000-0049-00
    APU
    211407000004900

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $130,000

    • CAP approach

      CAP return
      Estimation
      6%
      $185,000
      6.5%
      $190,000
      7%
      $205,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $190,000
      Geo Method
      $195,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $195,000
      Retail
      $220,000
      Mixed-Use
      $190,000
      Hospitality
      $180,000
      Educational
      $160,000
      Residential Income
      $190,000
      Energy
      $160,000
      Income-Based Land
      $205,000
      Food Service
      $160,000

    Location Insight

    • Map
    • Local Demand
    City
    Gilliam
    County
    Caddo
    State
    Louisiana
    Longitude
    -93.8462
    Latitude
    32.8256
    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
    $2,105
    $1,119
    $11,739
    $12,858
    -
    $11,190
    $78,259
    $89,449

    Comparable in this City

    • Value Estimation by Request
      2,506 SF

      12797 Main Stgil

      COMMERCIAL (GENERAL) • 2,506 SF
      12797 Main Stgil, Gilliam, LA 71029
      View Details
    • Value Estimation by Request
      613 SF

      Thunder Rd

      COMMERCIAL (GENERAL) • 613 SF
      Thunder Rd, Gilliam, LA 71029
      View Details
    • Value Estimation by Request
      2,400 SF

      12807 Main St

      COMMERCIAL (GENERAL) • 2,400 SF
      12807 Main St, Gilliam, LA 71029
      View Details
    • Value Estimation
      $440,000
      9,771 SF

      Thunder Rd

      COMMERCIAL (GENERAL) • 9,771 SF
      Thunder Rd, Gilliam, LA 71029
      View Details
    • Value Estimation by Request
      576 SF

      5525 Lay Stgil

      COMMERCIAL (GENERAL) • 576 SF
      5525 Lay Stgil, Gilliam, LA 71029
      View Details
    • Value Estimation by Request
      1,872 SF

      Main St Gil

      VACANT COMMERCIAL LAND • 1,872 SF
      Main St Gil, Gilliam, LA 71029
      View Details
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    12740 Lay St
    Gilliam, LA 71029
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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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