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    Property profile & analytics

    310 Main St Oak Grove, LA 71263-2540

    • Commercial land
    • 0.08 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US36-2036354
    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

    • Family Dollar / Dollar Store / Clothing Store

    Property Details for 310 Main St

    Lot size
    0.08 lot acres
    Property type
    Commercial land
    APN
    400462550
    APU
    400462550

    Description

    This exceptional investment opportunity presents a fee-simple ownership of an 8,000-square-foot retail property located at 310 W Main St, Oak Grove, LA 71263. The property, built in 2010, boasts a 100% occupancy rate with a single tenant: a Dollar General, Dollar Tree, and Family Dollar store operating under a triple-net (NN+) lease. The current lease, commenced February 25, 2011, has recently been extended, providing a remaining term of approximately 3.5 years with five additional 5-year renewal options, each including a 10% rent increase. The property generates a strong net operating income (NOI) of $91,025, resulting in an attractive 8.25% capitalization rate. The tenant, Family Dollar, is backed by a corporate guarantee and enjoys an investment-grade credit rating. This build-to-suit location has a proven 15-year operating history, demonstrating the tenant's long-term commitment to the site. Situated on a 1.42-acre lot, the property benefits from high traffic counts exceeding 16,200 vehicles daily at the intersection of Main St and Constitution Ave. This is a rare opportunity to acquire a stable, high-performing retail investment with significant upside potential. The property consists of a single, one-story building.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Oak Grove
    County
    West Carroll
    State
    Louisiana
    Longitude
    -91.3874
    Latitude
    32.8612

    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
    $53
    $600
    $0.00
    $600
    -
    $6,000
    $0.00
    $6,000

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    310 Main St
    Oak Grove, LA 71263-2540
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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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