Property profile

905 Main St Homer, LA 71040

OFF-MARKET
Commercial land
Property ID
US36-2414711
Individually Owned Free & Clear
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Property summary

AI-generated overview

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

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
APN 1730051100
UPID US36-2414711

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Production Facility Construction Company

Location

905 Main St Homer, LA 71040-3329
Homer metro Census 950400
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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