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    Property profile & analytics

    410 Madison Ave Bastrop, LA 71220-3760

    • Commercial land
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US36-1954989
    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 land

    Property Details for 410 Madison Ave

    Property type
    Commercial land
    APN
    5200153217
    APU
    5200153217

    Description

    This 2,871 square foot commercial property, located at 410 E Madison Avenue in Bastrop, Louisiana (zip code 71220), presents a fantastic opportunity. Situated on a corner lot, this office or mixed-use building underwent extensive renovations in 2022. Improvements include a new roof (installed in 2021), two new HVAC units, updated windows, new flooring, and modern light fixtures with remote controls. Both bathrooms have been fully remodeled, featuring new vanities and fresh paint throughout the building. The kitchen boasts ample counter space and updated appliances. The spacious rooms easily accommodate 5-6 office spaces, or could be configured as a main and secondary reception area. A wheelchair ramp ensures convenient access. Abundant built-in storage is available throughout the property. This turnkey property is ready for immediate occupancy and offers a blend of functionality and modern amenities. The asking price is $135,000.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bastrop
    County
    Morehouse
    State
    Louisiana
    Longitude
    -91.9209
    Latitude
    32.7777
    CBSA code
    33740
    CBSA name
    MONROE, LA METROPOLITAN STATISTICAL AREA

    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
    $41
    $300
    $0.00
    $300
    -
    $3,000
    $0.00
    $3,000

    Comparable in this City

    • Value Estimation by Request

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      Madison Ave

      VACANT COMMERCIAL LAND • 0.21 Acres
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      1.08 Acres

      400 Madison Ave

      VACANT COMMERCIAL LAND • 1.08 Acres
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      Cor Of S Marcus W Hickory

      VACANT COMMERCIAL LAND
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    410 Madison Ave
    Bastrop, LA 71220-3760
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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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