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    640 Hospital Rd Oak Grove, LA 71263

    • Parking lots & garages
    • 2,625 SF
    • 0.89 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US36-2054605
    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

    • Parking lots & garages

    Property Details for 640 Hospital Rd

    Year built
    2016
    Lot size
    0.89 lot acres
    Property size
    2,625 SF
    Property type
    Parking lots & garages
    APN
    400354201
    APU
    400354201

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Oak Grove
    County
    West Carroll
    State
    Louisiana
    Longitude
    -91.382
    Latitude
    32.8691

    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
    $273
    $1,500
    $2,500
    $4,000
    -
    $15,000
    $25,000
    $40,000

    Comparable in this City

    • Value Estimation by Request
      3,500 SF

      231 Mcdonald Rd

      PARKING GARAGE, PARKING STRUCTURE • 3,500 SF
      231 Mcdonald Rd, Oak Grove, LA 71263-8130
      View Details
    • Value Estimation by Request
      1,518 SF

      Oak Grove, LA 71263

      PARKING GARAGE, PARKING STRUCTURE • 1,518 SF
      Oak Grove, LA 71263
      View Details
    • Value Estimation by Request
      0.92 Acres

      750 Constitution Ave

      Individual retail properties • 0.92 Acres
      750 Constitution Ave, Oak Grove, LA 71263
      View Details
    • Value Estimation by Request

      Oak Grove, LA 71263

      VACANT COMMERCIAL LAND
      Oak Grove, LA 71263
      View Details
    • Value Estimation by Request
      1.00 Acre

      8499 Hwy 2nd 2

      VACANT COMMERCIAL LAND • 1.00 Acre
      8499 Hwy 2nd 2, Oak Grove, LA 71263-9342
      View Details
    • Value Estimation by Request
      1.00 Acre

      145 Chatman St

      VACANT COMMERCIAL LAND • 1.00 Acre
      145 Chatman St, Oak Grove, LA 71263-7996
      View Details

    Similar Nearby for Sale

    • $160,000
      0.92 Acres

      Prime Oak Grove Commercial Land

      High-traffic, high-visibility lot; ideal for development.
      750 Constitution Ave, Oak Grove, LA 71263
      View Details
    • $90,000

      Recreational Land in West Carroll

      38-acre recreational land with CRP income until 2035.
      Highway 585, Oak Grove, LA 71263
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    • Contact for pricing
      2.50 Acres

      Residential Lots in Oak Grove

      Undeveloped residential lots suitable for a home and mini-farm.
      01 Wardline Rd, Oak Grove, LA 71263
      View Details
    • $1,179,500
      337.00 Acres

      Hunting Land with Income Potential

      337+/- acres of prime hunting land with CRP income.
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    640 Hospital Rd
    Oak Grove, LA 71263
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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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