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    Property profile & analytics

    226 N Elm St Haughton, LA 71037

    • Commercial real estate
    • 4.87 lot acres
    For Sale
    View listing
    $2,121,372
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US36-1172627
    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 226 N Elm St

    Lot size
    4.87 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 4.87-acre commercial land parcel presents a prime investment opportunity in Haughton, Louisiana. Located at 226 N Elm St (Highway 157), this property boasts over 550 feet of road frontage, enjoying high visibility with a daily traffic count exceeding 10,000 vehicles. The asking price is $2,121,372, translating to approximately $10 per square foot. The site benefits from its strategic location, just minutes from I-20, and is fully serviced with readily available water, sewer, curbs, and gutters, ensuring immediate development readiness. Adding to its appeal, a new 200-foot commercial boulevard with 15-foot medians is currently under development adjacent to the property, further enhancing accessibility and visibility. The property's location directly across from the under-construction Legacy Point Subdivision, bringing hundreds of new homes, guarantees a strong and growing customer base. Zoned COM, this land is ideally suited for a variety of commercial uses, including retail, office, or mixed-use developments, making it an exceptional investment in a high-growth corridor. The property's address is 226 N Elm St, Haughton, LA 71037, within Bossier Parish.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Haughton
    County
    Bossier Parish
    State
    Louisiana
    Longitude
    -93.5158906
    Latitude
    32.5357615

    Comparable in this City

    • $850,000
      4.17 Acres

      Haughton Retail Land Investment

      Prime 4.17-acre commercial lot near college.
      6200 Us-80, Haughton, LA 71037
      View Details
    • $99,900
      0.55 Acres

      Land in Olde Oaks

      Residential land for sale in Olde Oaks, Haughton, LA.
      Eldorado Ct, Haughton, LA 71037
      View Details
    • $99,950
      0.62 Acres

      Land for Dream Home

      Residential land in Olde Oaks, near golf course and clubhouse.
      10 Fair Oaks Dr, Haughton, LA 71037
      View Details
    • $99,900
      0.62 Acres

      Land in Olde Oaks

      Residential land for sale in Haughton, Louisiana's Olde Oaks.
      17 Eldorado Ct, Haughton, LA 71037
      View Details
    • $195,000
      1.53 Acres

      Residential Land in Olde Oaks

      1.526 acre lot to build your dream home.
      20 Upland Ct, Haughton, LA 71037
      View Details
    • $65,000
      0.30 Acres

      Residential Land in Olde Oaks

      Land for sale in Olde Oaks golf course community.
      44 Legacy Ct, Haughton, LA 71037
      View Details

    Similar Nearby for Sale

    • $850,000
      4.17 Acres

      Haughton Retail Land Investment

      Prime 4.17-acre commercial lot near college.
      6200 Us-80, Haughton, LA 71037
      View Details
    • $99,900
      0.55 Acres

      Land in Olde Oaks

      Residential land for sale in Olde Oaks, Haughton, LA.
      Eldorado Ct, Haughton, LA 71037
      View Details
    • $99,950
      0.62 Acres

      Land for Dream Home

      Residential land in Olde Oaks, near golf course and clubhouse.
      10 Fair Oaks Dr, Haughton, LA 71037
      View Details
    • $99,900
      0.62 Acres

      Land in Olde Oaks

      Residential land for sale in Haughton, Louisiana's Olde Oaks.
      17 Eldorado Ct, Haughton, LA 71037
      View Details
    • $195,000
      1.53 Acres

      Residential Land in Olde Oaks

      1.526 acre lot to build your dream home.
      20 Upland Ct, Haughton, LA 71037
      View Details
    • $65,000
      0.30 Acres

      Residential Land in Olde Oaks

      Land for sale in Olde Oaks golf course community.
      44 Legacy Ct, Haughton, LA 71037
      View Details

    Similar Nearby for Lease

    • $2,500 /Mo
      174,240 SF

      Haughton Land for Lease

      Versatile land suitable for construction, parking, and storage.
      492 Monroe Ave, Haughton, LA 71037
      View Details
    • $12,000 /Mo

      Commercial Building with Acreage For Lease

      Commercial building for lease with approximately 3 acres.
      4705 Highway 80, Haughton, LA 71037
      View Details
    • $2,500 /Mo

      New Retail Strip Center

      New retail suites available in Haughton, completion estimated June/July 2023.
      2000 105, Haughton, LA 71037
      View Details
    • $2,000 /Mo

      Office Space in Haughton, Louisiana

      Office space in Haughton with reception, offices, and bathrooms.
      939 Hwy 80 Hwy, Haughton, LA 71037
      View Details
    • $2,200 /Mo

      New Retail Space Available

      New retail space with build-out options in growing Haughton.
      1180 A, Haughton, LA 71037
      View Details
    • $2,500 /Mo

      New Retail Strip Center

      New retail suites available for lease in Haughton, Louisiana.
      2000 113, Haughton, LA 71037
      View Details
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    226 N Elm St
    Haughton, LA 71037
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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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