3687 Hwy 167 Dry Prong, LA 71423-4025
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.