Property profile

611 2nd St Homer, LA 71040

OFF-MARKET
Commercial real estate
Property ID
US36-2447193
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 4,678 square foot commercial property presents a unique investment opportunity in the heart of Homer, Louisiana. Situated on a prominent 1.51-acre lot on a main street, this historic building enjoys high visibility and convenient access to a nearby grocery store and other local businesses. The expansive interior offers endless possibilities for a wide range of commercial ventures, from retail spaces to offices, or even a combination thereof. The building's substantial size allows for significant customization and adaptation to suit the needs of a diverse clientele. While utilities are available, they are not currently connected, providing an opportunity for the new owner to tailor the setup to their specific requirements. The property's prime location and substantial size make it an ideal choice for entrepreneurs seeking a high-impact presence in a thriving community. This is a rare chance to acquire a piece of Homer's history and shape its future. The information provided is believed to be accurate but is not warranted. Serious inquiries are encouraged to schedule a viewing and explore the potential of this remarkable property. Don't miss this chance to own a significant piece of Homer's commercial landscape.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
APN 1730055400
UPID US36-2447193

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

611 2nd St Homer, LA 71040-3227
Homer metro Census 950400
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2024
2 recorded transactions
2024
$60,000
2018
$34,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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