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Property profile & analytics
OFF-MARKET
Estimated value
$770,000
Retail space
1801 5th St Leesville, LA 71446-5307
Entity Owned
4-yr Hold
Free & Clear
Property ID
US36-0801451
Property summary
AI-generated overview
This exceptional commercial property in Leesville, Louisiana, presents a unique investment opportunity. Located on 1.8 acres at 1801 S 5th Street, this Class B property boasts a prime location along Highway 171, near major franchises like McDonald's, Whataburger, AutoZone, and Taco Bell, ensuring high visibility and traffic. The property includes a 17-unit motel with individual bathrooms, generating consistent rental income. A significant income stream is also provided by a 3385 square-foot restaurant currently leased to China Wok Buffet. Further diversifying the revenue streams are five additional rental properties on the site. These combined rental properties generate approximately $59,000 in annual cash flow. The asking price is $1,429,999. This property offers flexibility
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Lot
1.8 ac (78,408 SF)
APN
011-181-3635
UPID
US36-0801451
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Redwood Motel Hotel & Motel
-
China Wok Buffet Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$675k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$770k
Owner & transaction history
Sophea Srin Inv Props LLC · 4 yrs held
Sophea Srin Inv Props LLC
since 2022
Last sale
$870,000
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Leesville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Leesville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$665,000
ML approach
$675,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$770k
Range $693k – $847k · ±10% · vs last sale $870k (Jun 23 2022)
Last sale anchor
$870k
Jun 23 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$6,660
Tax year 2023
Assessed value
$56,780
Assessed 2023
Previous assessed
$56,780
+0.0% YoY
Effective rate
11.73%
On assessed value
Assessed land
$10,780
Assessed improvement
$46,000
Land market value
$107,800
Improvement market value
$331,667
Total market value
$439,467
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Heating
NONE
Lot
1.8 ac (78,408 SF)
APN
011-181-3635
UPID
US36-0801451
Jurisdiction
VERNON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
1.8 ac
Current owner
From public records · entity-resolved
Sophea Srin Inv Props LLC
Entity
Free & Clear · 4 yrs held
Mailing address
116 ALLEN AVE, LEESVILLE, LA 71446-3519
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 23, 2022
$870,000
Sophea Srin Inv Props LLC
Chin H Tsai
Deed
—
Sep 22, 2010
—
Hsin Tsai Chin
Greenhills International, LLC
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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