12598 LA-1

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12598 LA-1

Oil City, LA 71061
Asking Price
$195K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land parcel located at 12598 LA-1 in Oil City.
  • The property is currently listed for sale at 195000 dollars.
  • The site is positioned to serve the greater Shreveport regional market.
  • Flexible zoning supports diverse commercial or industrial development project types.
  • This asset offers direct access to established transit routes nearby.

What's Special

This commercial land parcel spans 12598 LA-1 in Oil City, Louisiana. Positioned within a region known for its historical ties to the energy industry, this site benefits from proximity to major transit corridors serving the northern Louisiana landscape. The property provides a blank slate for developers and investors looking to establish a presence in a steady suburban market near the Shreveport metropolitan area. Given its designation as commercial land, the site is well-suited for a variety of business applications, including retail development, light industrial storage, or service-based enterprises requiring accessible road frontage. Buyers will appreciate the potential for custom configuration to meet specific operational requirements within this accessible local submarket.

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NOI
$80,000
Cap Rate
41.03%
DSCR
6.91
Strong
Cash-on-Cash
116.96%
Monthly Payment
$964.754
Annual Cash Flow
$68,422.957

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