Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    613 Pittman St Deridder, LA 70634-3412

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    613 Pittman St Deridder, LA 70634-3412

    View on Map
    • Retail space
    Off-Market
    Last Sale Jul 31, 2024
    Property ID
    US36-1854736
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Acadian Ambulance Services / Ambulance Service

    Property Details for 613 Pittman St

    Property type
    Retail space
    APN
    337410522
    APU
    337410522

    Description

    This exceptional 0.27-acre commercial lot, located at 613 Pittman St in DeRidder, Louisiana, presents a unique investment opportunity. Priced competitively at $85,000, this property offers significant potential for diverse commercial or residential uses. Situated in Beauregard Parish, zip code 70634, the land boasts a convenient location with excellent accessibility. Its previous use by Acadian Ambulance highlights its suitability for various purposes, including but not limited to, commercial ventures or potential redevelopment. The property's versatile nature allows for a wide range of development possibilities, catering to entrepreneurs and investors seeking a strategic foothold in a growing market. The property is classified as Special Purpose land and is sold as-is. Detailed site surveys and environmental assessments are recommended for prospective buyers to fully understand the property's potential and to plan for any necessary improvements or modifications. This is a rare chance to acquire a well-positioned lot in DeRidder, offering a strong return on investment for the right buyer. Interested parties are encouraged to conduct their due diligence and explore the possibilities this property presents. The coordinates for the property are 30.8532786 latitude and -93.2900198 longitude.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Deridder
    County
    Beauregard
    State
    Louisiana
    Longitude
    -93.29
    Latitude
    30.8532
    CBSA code
    19760
    CBSA name
    DE RIDDER, 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
    $378
    $600
    $3,000
    $3,600
    -
    $6,000
    $20,000
    $26,000

    Comparable in this City

    • Value Estimation by Request

      601 1st St

      RETAIL STORES (PERSONAL SERVICES)
      601 1st St, Deridder, LA 70634-4207
      View Details
    • Value Estimation by Request

      243 1st St

      RETAIL STORES (PERSONAL SERVICES)
      243 1st St, Deridder, LA 70634-4105
      View Details
    • Value Estimation by Request

      218 3rd St

      RETAIL STORES (PERSONAL SERVICES)
      218 3rd St, Deridder, LA 70634-4026
      View Details
    • Value Estimation by Request

      1128 Blankenship Dr

      RETAIL STORES (PERSONAL SERVICES)
      1128 Blankenship Dr, Deridder, LA 70634-4720
      View Details
    • Value Estimation by Request

      501 Bon Ami St

      RETAIL STORES (PERSONAL SERVICES)
      501 Bon Ami St, Deridder, LA 70634-4925
      View Details
    • Value Estimation by Request

      205 Bryan St

      RETAIL STORES (PERSONAL SERVICES)
      205 Bryan St, Deridder, LA 70634-3721
      View Details

    Similar Nearby for Sale

    • $249,000
      1.40 Acres

      Highway 171 Commercial Building

      High-visibility commercial property on 1.4 acres with highway frontage.
      7513 Highway 171, Deridder, LA 70634
      View Details
    • $225,000
      800 SF

      Versatile Commercial Property in DeRidder

      Adaptable commercial space suitable for various business ventures.
      211 Mahlon St, Deridder, LA 70634
      View Details
    • Contact for pricing

      New Starbucks Drive-Thru For Sale

      New Starbucks in high-traffic area with long-term corporate lease.
      417 N Pine St, Deridder, LA 70634
      View Details
    • Contact for pricing

      Commercial Land For Sale

      High-visibility commercial land with road frontage, ideal for development.
      1128 E 1St St, Deridder, LA 70634
      View Details
    • $1,153,272
      397.68 Acres

      397-Acre Development Opportunity in DeRidder

      Large land parcel with highway and railway access near Fort Polk.
      Planer Mill Rd, Deridder, LA 70634
      View Details
    • New
      $688,500
      153.00 Acres

      Versatile Land Near Bundick Lake

      153 acres of versatile land south of Bundick Lake.
      Odis Greene Rd, Deridder, LA 70634
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,614 SF

      Retail Space in Park Terrace

      Dominant shopping center with national and regional tenants.
      N Pine St, Deridder, LA 70634
      View Details
    • Contact for pricing
      1,829 SF

      Retail Space in Dominant Center

      Retail space available in a center with national tenants.
      1007-1045 N Pine St, Deridder, LA 70634
      View Details
    • Contact for pricing
      35,000 SF

      Retail Center Anchored by Dollar General

      Retail shopping center with vacancy absorption and redevelopment potential.
      1005 N Pine St, Deridder, LA 70634
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    613 Pittman St
    Deridder, LA 70634-3412
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!