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    Property profile & analytics

    2421 Mill St Ringgold, LA 71068

    • Commercial real estate
    • 0.47 lot acres
    For Sale
    View listing
    $119,900
    Value Estimation
    Location Intelligence
    Property ID
    US36-1845208
    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 2421 Mill St

    Lot size
    0.47 lot acres
    Property type
    Commercial real estate
    APN
    450031695
    APU
    450031695

    Description

    This exceptional 4,000 square foot commercial property, situated on a 0.51-acre lot in the heart of Ringgold, Louisiana, presents a remarkable business opportunity. Located next to the Bank of Montgomery, its prime downtown location ensures high visibility and accessibility. The free-standing building offers a versatile layout, perfect for a variety of uses. The front section features a spacious, open area ideal for retail or office space, complemented by two private offices, a kitchenette, and a full bathroom. The rear of the building is configured as a mini-warehouse, providing ample storage or workshop space – perfect for light manufacturing, vehicle repair, or storage needs. The property boasts a durable metal roof and has recently undergone significant improvements, including fresh paint, new flooring, and updated fixtures. This move-in ready space is a blank canvas, ready for your vision and entrepreneurial spirit. The asking price reflects a compelling investment opportunity in a thriving downtown location. The property's size, location, and recent renovations make it an attractive proposition for a wide range of businesses seeking a well-maintained and adaptable space. This is a rare chance to acquire a substantial commercial property in a desirable location at an attractive price. Don't miss this chance to establish your business in the heart of Ringgold.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ringgold
    County
    Bienville
    State
    Louisiana
    Longitude
    -93.284
    Latitude
    32.3291

    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
    $1,205
    $420
    $9,120
    $9,540
    -
    $4,200
    $60,800
    $65,000

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    2421 Mill St
    Ringgold, LA 71068
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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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