Property summary
This exceptional 364-square-foot commercial property, situated at 905 W Main Street in Homer, Louisiana, presents a unique investment opportunity. Located directly across from McDonald's and the former Wal-Mart, this high-visibility site boasts a significant advantage in attracting customers and clients. The property includes a 0.36-acre lot featuring a well-maintained, graveled parking area capable of accommodating approximately 20 vehicles. A 14' x 26' metal office building sits on the lot, complete with full utilities and a professionally finished interior, previously utilized as a real estate office and a sales lot for portable buildings. The building's versatile layout and existing infrastructure make it suitable for a variety of commercial uses. The ample parking and high-traffic location make this property ideal for businesses seeking maximum exposure and convenient accessibility. Its previous uses demonstrate its adaptability to diverse business models, offering a solid foundation for future success. The property's strategic location and functional design combine to create a compelling investment opportunity in a thriving commercial area. The cleared and graveled lot provides ample space for expansion or additional uses, further enhancing its potential. This property is priced at $58,000 and offers a rare chance to acquire a well-established commercial space in a prime Homer location.
Property profile
VerifiedCap rate & NOI
Current use
-
Production Facility Construction Company
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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