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Property profile & analytics
OFF-MARKET
Commercial real estate

3687 Hwy 167 Dry Prong, LA 71423-4025

1 ac lot
Individually Owned 16-yr Hold Free & Clear
Property ID
US36-1908502
Property summary
AI-generated overview

This exceptional .62-acre commercial property, located at 3687 Highway 167 in Dry Prong, Louisiana, presents a unique redevelopment opportunity. Situated on the northbound lane near Williana, this retail lot boasts dimensions of 150 feet by 200 feet, offering ample space for a variety of commercial ventures. The property was previously utilized as a country store with gas and feed, and while the existing building has been completely gutted, its structure remains, providing a solid foundation for renovation. The asking price for this prime retail land is $35,000. This location in Grant Parish, Louisiana (zip code 71423), offers excellent visibility and accessibility from Highway 167, making it an ideal site for a new business or expansion. The property's existing infrastructure, combined with its strategic location and generous lot size, presents a compelling investment opportunity for entrepreneurs seeking a high-traffic location in a growing area. The property is classified as both storefront and commercial, offering flexibility for a range of potential uses. This is a rare chance to acquire a well-positioned commercial lot at an attractive price point. Don't miss this chance to establish your business in a thriving Louisiana community.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 1 ac (43,560 SF)
APN 400013867
UPID US36-1908502
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Terry Bordelon · 16 yrs held
Terry Bordelon
since 2010
1 recorded transaction
2010
$55,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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