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    Property profile & analytics

    809 Morrison Rd Choudrant, LA 71227

    • Commercial real estate
    • 110,675 SF
    • 15.14 lot acres
    OFF-MARKET
    Value Estimation
    $1,030,000
    Location Intelligence
    Property ID
    US36-2278903
    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

    • Commercial real estate

    Property Details for 809 Morrison Rd

    Year built
    2006
    Lot size
    15.14 lot acres
    Property size
    110,675 SF
    Property type
    Commercial real estate
    APN
    31308
    APU
    31308

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Choudrant
    County
    Lincoln
    State
    Louisiana
    Longitude
    -92.6274
    Latitude
    32.546
    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
    $83,106
    $276,788
    $658,349
    $935,137
    -
    $2,767,880
    $4,388,993
    $7,156,873

    Comparable in this City

    • Value Estimation by Request
      640 SF

      2274 Highway 80

      Commercial real estate • 640 SF
      2274 Highway 80, Choudrant, LA 71227
      View Details
    • Value Estimation by Request
      28.25 Acres

      198 Myrtle St, Unit 15

      COMMERCIAL (GENERAL) • 28.25 Acres
      198 Myrtle St, Choudrant, LA 71227-3012
      View Details
    • Value Estimation
      $735,000
      7,500 SF

      111 Pipes Rd

      COMMERCIAL (GENERAL) • 7,500 SF
      111 Pipes Rd, Choudrant, LA 71227-3069
      View Details
    • Value Estimation by Request
      850 SF

      Mississippi Ave

      COMMERCIAL (GENERAL) • 850 SF
      Mississippi Ave, Choudrant, LA 71227
      View Details
    • Value Estimation
      $260,000
      900 SF

      Georgia Ave

      COMMERCIAL (GENERAL) • 900 SF
      Georgia Ave, Choudrant, LA 71227
      View Details
    • Value Estimation
      $450,000
      4,792 SF

      203 Cage Rd

      COMMERCIAL (GENERAL) • 4,792 SF
      203 Cage Rd, Choudrant, LA 71227
      View Details

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    809 Morrison Rd
    Choudrant, LA 71227
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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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