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    Property profile & analytics

    418 Cherry St Bernice, LA 71222

    • Office Properties & Spaces
    • 2,871 SF
    OFF-MARKET
    Value Estimation
    $180,000
    Location Intelligence
    Property ID
    US36-2389637
    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

    • Origin Bank / Bank / Atm
    • Clark Jj's Fast Stop / Gas Station

    Property Details for 418 Cherry St

    Year built
    1998
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Property size
    2,871 SF
    Property type
    Office Properties & Spaces
    APN
    2410220030
    APU
    2410220030

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bernice
    County
    Union
    State
    Louisiana
    Longitude
    -92.6571
    Latitude
    32.8205
    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
    $3,086
    $976
    $36,037
    $37,013
    -
    $9,756
    $240,244
    $250,000

    Comparable in this City

    • Value Estimation by Request

      Holly St

      OFFICE (GENERAL)
      Holly St, Bernice, LA 71222
      View Details
    • Value Estimation by Request
      2,000 SF

      Willie Brantley Rd

      OFFICE (GENERAL) • 2,000 SF
      Willie Brantley Rd, Bernice, LA 71222
      View Details
    • Value Estimation
      $175,000
      2,960 SF

      305 Louisell St

      OFFICE (GENERAL) • 2,960 SF
      305 Louisell St, Bernice, LA 71222-5108
      View Details
    • Value Estimation by Request
      509 SF

      Bernice, LA 71222

      OFFICE (GENERAL) • 509 SF
      Bernice, LA 71222
      View Details
    • Value Estimation by Request
      207 SF

      Forth St

      OFFICE (GENERAL) • 207 SF
      Forth St, Bernice, LA 71222
      View Details
    • Value Estimation by Request
      2,184 SF

      306 Louisell St

      OFFICE (GENERAL) • 2,184 SF
      306 Louisell St, Bernice, LA 71222-5108
      View Details

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    418 Cherry St
    Bernice, LA 71222
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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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