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    Property profile & analytics

    507 Sterlington Hwy Farmerville, LA 71241-3122

    • Office Properties & Spaces
    • 2,208 SF
    OFF-MARKET
    Value Estimation
    $385,000
    Location Intelligence
    Property ID
    US36-1977365
    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

    • Farm Bureau Insurance / Insurance Agency / Auto Insurance Agency
    • Freeman Christi / Insurance Agency

    Property Details for 507 Sterlington Hwy

    Year built
    1980
    Property size
    2,208 SF
    Property type
    Office Properties & Spaces
    APN
    11032832
    APU
    11032832

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Farmerville
    County
    Union
    State
    Louisiana
    Longitude
    -92.3997
    Latitude
    32.7731
    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
    $2,049
    $4,853
    $18,024
    $22,877
    -
    $48,528
    $120,161
    $168,689

    Comparable in this City

    • Value Estimation by Request
      798 SF

      205 Byu St

      OFFICE (GENERAL) • 798 SF
      205 Byu St, Farmerville, LA 71241-3003
      View Details
    • Value Estimation by Request
      910 SF

      792 Main St

      OFFICE (GENERAL) • 910 SF
      792 Main St, Farmerville, LA 71241
      View Details
    • Value Estimation
      $200,000
      2,771 SF

      Farmerville, LA 71241

      OFFICE (GENERAL) • 2,771 SF
      Farmerville, LA 71241
      View Details
    • Value Estimation
      $155,000
      2,000 SF

      202 Franklin St

      OFFICE (GENERAL) • 2,000 SF
      202 Franklin St, Farmerville, LA 71241-2910
      View Details
    • Value Estimation
      $190,000
      3,250 SF

      Farmerville, LA 71241

      OFFICE (GENERAL) • 3,250 SF
      Farmerville, LA 71241
      View Details
    • Value Estimation
      $595,000
      13,335 SF

      200 Main St

      OFFICE (GENERAL) • 13,335 SF
      200 Main St, Farmerville, LA 71241-2824
      View Details

    Similar Nearby for Sale

    • $259,000
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      Farmerville Office Building & Land

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      1108 Sterlington Hwy, Farmerville, LA 71241
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    • $259,000
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      Farmerville Office Building - Great Location

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    • Contact for pricing
      0.70 Acres

      Walmart Outparcel Land - Farmerville, LA

      High-traffic location, two lots available.
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    • $350,000
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      Turnkey Restaurant Space For Sale

      Second generation restaurant on North Main Street in Farmerville.
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    Similar Nearby for Lease

    • Contact for pricing
      23,660 SF

      Eagle Plaza: Retail Space Available

      High-traffic Walmart shadow center; spaces for lease.
      771 Sterlington Hwy, Farmerville, LA 71241
      View Details
    • Contact for pricing
      3,600 SF

      Retail Space in Walmart Center

      Retail space available in Walmart shadow center.
      767-791 Sterlington Hwy, Farmerville, LA 71241
      View Details
    • Contact for pricing
      2,694 SF

      Farmerville KFC Sublease Opportunity

      High-traffic retail space, excellent visibility.
      725 Sterlington Hwy, Farmerville, LA 71241
      View Details
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    507 Sterlington Hwy
    Farmerville, LA 71241-3122
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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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