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    1278 School St Hackberry, LA 70645
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    Property profile & analytics

    1278 School St, Hackberry, LA 70645

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    • Mobile home & RV parks
    • 2,192 SF
    • 9.20 lot acres
    Off-Market
    Property ID
    US36-1668305
    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

    • Mobile home & RV parks

    Property Details for 1278 School St

    Lot size
    9.20 lot acres
    Property type
    Mobile home & RV parks
    Property subtype
    Campgrounds
    APN
    0600012000

    Description

    This exceptional investment opportunity encompasses a thriving RV park and a spacious single-family residence situated on approximately 9 acres in Hackberry, Louisiana. The RV park boasts 98 pads, each equipped with full hookups, and includes a 390-square-foot cabin. The property also features a substantial 2,192-square-foot, single-story home offering three bedrooms and two bathrooms. This residence, built on a raised foundation, includes wood laminate and ceramic tile flooring, painted board walls, wood ceilings, two porches, and a 660-square-foot carport. The roof has been recently replaced. Additional improvements include a 2,950-square-foot barn with 340 square feet of finished space and an enclosed unfinished area, plus a 450-square-foot shed. Conveniently located off Highway 27, this property presents a unique blend of income-generating potential and comfortable living, all on a sizable lot. The asking price is $1,395,000, with a price per square foot of $636.41. The property consists of four buildings, all single-story structures, and is identified by APN 0600012000. This turnkey operation is ready for a new owner to continue its success.

    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
    Hackberry
    County
    Cameron Parish
    State
    Louisiana
    Longitude
    -93.3993751
    Latitude
    29.9535067

    Comparable in this City

    • $675,000
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      Hackberry RV Park Investment

      Fully rented RV park near LNG plants in Hackberry, LA.
      111 Alphonse Rd, Hackberry, LA 70645
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    • $135,000
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      Hackberry RV Park Investment

      Well-maintained 6-space RV park in Hackberry, LA.
      265 Lake Breeze Dr, Hackberry, LA 70645
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      19 SF

      Cameron Parish 19-Acre Site

      19-acre site suitable for workforce housing development near LNG facilities.
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      10,500 SF

      Net-Leased Family Dollar Store

      New 10-year net-leased Family Dollar in Hackberry, Louisiana.
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    • $264,000
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      Waterfront Land on Kelso Bayou

      10.16 acres of waterfront land near Calcasieu Ship Channel.
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    • $89,000
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      Corner Lot with Water Access

      Corner lot in Hackberry, Louisiana, with water access.
      Mcneese Cowboy Dr, Hackberry, LA 70645
      View Details

    Similar Nearby for Sale

    • $675,000
      3.25 Acres

      Hackberry RV Park Investment

      Fully rented RV park near LNG plants in Hackberry, LA.
      111 Alphonse Rd, Hackberry, LA 70645
      View Details
    • $135,000
      0.40 Acres

      Hackberry RV Park Investment

      Well-maintained 6-space RV park in Hackberry, LA.
      265 Lake Breeze Dr, Hackberry, LA 70645
      View Details
    • Contact for pricing
      19 SF

      Cameron Parish 19-Acre Site

      19-acre site suitable for workforce housing development near LNG facilities.
      491 Black Lake Rd, Hackberry, LA 70645
      View Details
    • Contact for pricing
      10,500 SF

      Net-Leased Family Dollar Store

      New 10-year net-leased Family Dollar in Hackberry, Louisiana.
      612 Main St, Hackberry, LA 70645
      View Details
    • $264,000
      10.16 Acres

      Waterfront Land on Kelso Bayou

      10.16 acres of waterfront land near Calcasieu Ship Channel.
      Oak Ln, Hackberry, LA 70645
      View Details
    • $59,000
      11,925 SF

      Hackberry Unrestricted Lot Near Channel

      Unrestricted lot near ship channel, ideal for fishing camp.
      168 Cooper Ann Ln, Hackberry, LA 70645
      View Details
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    Hackberry, LA 70645
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    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
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