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    Property profile & analytics

    501 Braswell Ln Simsboro, LA 71275-3226

    • Warehouses
    • 30,000 SF
    • 15.12 lot acres
    OFF-MARKET
    Value Estimation
    $660,000
    Location Intelligence
    Property ID
    US36-2204618
    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

    • Mid States Wood Preservers / Woodworker
    • MJB Wood, Inc. / Woodworker / Lumber Store

    Property Details for 501 Braswell Ln

    Year built
    1970
    Lot size
    15.12 lot acres
    Property size
    30,000 SF
    Property type
    Warehouses
    APN
    12139
    APU
    12139

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Simsboro
    County
    Lincoln
    State
    Louisiana
    Longitude
    -92.7821
    Latitude
    32.5363
    CBSA code
    40820
    CBSA name
    RUSTON, LA MICROPOLITAN 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
    $8,538
    $7,266
    $93,008
    $100,274
    -
    $72,660
    $620,052
    $692,712

    Comparable in this City

    • Value Estimation by Request
      2,400 SF

      1527 Hwy 147

      WAREHOUSE, STORAGE • 2,400 SF
      1527 Hwy 147, Simsboro, LA 71275-3145
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    • Value Estimation by Request
      2,080 SF

      10394 Hwy 80

      WAREHOUSE, STORAGE • 2,080 SF
      10394 Hwy 80, Simsboro, LA 71275-3444
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    • Value Estimation
      $170,000
      3,000 SF

      4380 Hwy 563

      WAREHOUSE, STORAGE • 3,000 SF
      4380 Hwy 563, Simsboro, LA 71275-3311
      View Details
    • Value Estimation by Request
      682,463 SF

      4241 La-563

      Manufacturing properties • 682,463 SF
      4241 La-563, Simsboro, LA 71275
      View Details
    • Value Estimation by Request
      0.65 Acres

      Simsboro, LA 71275

      MINI-WAREHOUSE, STORAGE • 0.65 Acres
      Simsboro, LA 71275
      View Details
    • Value Estimation by Request
      2,752 SF

      5675 Hwy 563

      WAREHOUSE, STORAGE • 2,752 SF
      5675 Hwy 563, Simsboro, LA 71275-3514
      View Details

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    501 Braswell Ln
    Simsboro, LA 71275-3226
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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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