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    Property profile & analytics

    2061 Martin Luther King Jr Ave Grambling, LA 71245-2208

    • Warehouses
    • 1,600 SF
    • 0.46 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US36-1871736
    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

    • Warehouses

    Property Details for 2061 Martin Luther King Jr Ave

    Year built
    1991
    Lot size
    0.46 lot acres
    Property size
    1,600 SF
    Property type
    Warehouses
    APN
    10305
    APU
    10305

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Grambling
    County
    Lincoln
    State
    Louisiana
    Longitude
    -92.7129
    Latitude
    32.5297
    CBSA code
    40820
    CBSA name
    RUSTON, LA MICROPOLITAN 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
    $1,421
    $4,508
    $6,450
    $10,958
    -
    $45,083
    $42,998
    $88,081

    Comparable in this City

    • Value Estimation
      $185,000
      7,975 SF

      Link Dr

      WAREHOUSE, STORAGE • 7,975 SF
      Link Dr, Grambling, LA 71245
      View Details
    • Value Estimation by Request
      2,592 SF

      286 Main St

      WAREHOUSE, STORAGE • 2,592 SF
      286 Main St, Grambling, LA 71245-2726
      View Details
    • Value Estimation by Request
      1,600 SF

      492 Main St

      WAREHOUSE, STORAGE • 1,600 SF
      492 Main St, Grambling, LA 71245-2714
      View Details
    • Value Estimation by Request
      0.31 Acres

      Trenton St

      VACANT COMMERCIAL LAND • 0.31 Acres
      Trenton St, Grambling, LA 71245
      View Details
    • Value Estimation by Request
      924 SF

      California Ave

      COMMERCIAL (GENERAL) • 924 SF
      California Ave, Grambling, LA 71245
      View Details
    • Value Estimation by Request
      576 SF

      265 Harris Ave

      COMMERCIAL (GENERAL) • 576 SF
      265 Harris Ave, Grambling, LA 71245-2513
      View Details
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    2061 Martin Luther King Jr Ave
    Grambling, LA 71245-2208
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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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