Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Land Ready for New Home Title is generated by Realmo AI

    11 Abie Fontenot, Iowa, LA 70647

    View on Map
    Claim this Listing
    For Sale
    $63,000

    Land - Iowa, LA

    Lot size:
    3.22 Acres
    Added:
    Nov 19, 2024
    Days on Market:
    557
    Last Refresh:
    May 30 at 5:06 am

    Property Features for 11 Abie Fontenot

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Ag
    Exterior features
    Agricultural
    Standard status
    Active
    APN
    900004051
    Lot size
    3.22 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Robbie Ingle

    Listing agent Robbie Ingle License #912122392

    Listing office Coldwell Banker Ingle Safari R 765 Bayou Pines E, Lake Charles, LA

    Listing date Nov 19, 2024

    MLS# 24005665 Listing URL

    Copyright © 2026 Southwest Louisiana Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Ready‑to‑develop 3.22‑acre tract, cleared and primed for building.
    • Located close to I‑10 and minutes from Lake Charles, Iowa.
    • Owner financing available with 10% down.
    • Seller is open to subdividing into smaller tracts to suit buyer needs.
    • Deed restriction in place: no mobile homes allowed, enhancing neighborhood aesthetic.
    • Located in flood zone X, so no flood insurance is required.

    Overview

    This 3.22-acre tract is located in Iowa, providing convenient access to I-10 and being just minutes from Lake Charles. The frontage has been cleared, and the remainder was previously clear-cut by a timber company. This land is suitable for building a new home. The seller owns a total of 152.424 acres and is open to subdividing into smaller tracts, offering flexibility based on specific needs. Pricing per acre will adjust depending on the size of the tract chosen. A deed restriction is in place to enhance the neighborhood feel, with no mobile homes allowed. Owner financing options are available with 10 percent down, an 11 percent interest rate, a 10-15 year amortization period, and a 5-year balloon payment. The property is located in flood zone X, so no flood insurance is required. It is suited for those looking to build near Lake Charles while enjoying acreage living.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Iowa
    County
    Calcasieu
    State
    Louisiana
    Longitude
    -92.9670599
    Latitude
    30.335863

    Nearby Similar for Sale

    • $109,000

      Residential Land in Iowa, Louisiana

      5-acre homesite ready for construction with light restrictions.
      24468 Gillson, Iowa, LA 70647
      View Details
    • $499,900

      Secluded Wooded Land in Iowa

      51 acres of heavily wooded land for a private estate.
      0 Hecker, Iowa, LA 70647
      View Details
    • $212,250

      Commercial Land in Iowa, LA

      8.49 acre commercial outparcel with frontage on Hwy 383.
      Hwy 383 lot: C-1, Iowa, LA 70647
      View Details
    • $757,575

      233 Acres Timberland Near Iowa

      Timberland and recreational tract suitable for timber management and hunting.
      TBD Hwy 383, Iowa, LA 70647
      View Details
    • $160,000

      Ready-to-Build Land in Iowa, LA

      10.8 acres in Abie Mills Subdivision, ready for construction.
      0 Abie Fontenot Road, Iowa, LA 70647
      View Details
    • $452,330

      Wooded Land Near Interstate 10

      114 acres of wooded land with recreation and development potential.
      TBD Frontage Rd, Iowa, LA 70647
      View Details
    • $119,000

      Updated Duplex in Iowa

      Updated duplex with leased units and expansion potential.
      408 S Knapp, Iowa, LA 70647
      View Details
    • $149,800

      18.8 Acres in Iowa, LA

      18.8 acres of land in Iowa, Louisiana.
      McCown, Iowa, LA 70647
      View Details
    • $199,000

      50 Acres Wooded Hunting Land

      50-acre wooded tract ideal for hunting and recreation.
      TBD Carl Hoppe Rd., Iowa, LA 70647
      View Details
    • $45,000

      Commercial Corner Lot Opportunity

      Corner lot suitable for various business ventures in high-traffic area.
      202 W Hwy 90, Iowa, LA 70647
      View Details
    • $475,000

      Residential Development Land in Iowa

      39.97 acre residential development opportunity near I-10.
      Caden Lane lot: C-1, Iowa, LA 70647
      View Details
    • $105,000

      Ready-to-Develop Acreage Near Lake Charles

      5-acre tract near Lake Charles, ready for building.
      20 Abie Fontenot, Iowa, LA 70647
      View Details

    FAQs

    What type of property is this?
    Land - 3.22-acre tract near Lake Charles, ready to develop.
    Where is this land located?
    The property is located at 11 Abie Fontenot Iowa, LA.
    What is the asking price?
    The asking price for this property is $63,000.
    What are key features of this property?
    This property features: Ready‑to‑develop 3.22‑acre tract, cleared and primed for building.; Located close to I‑10 and minutes from Lake Charles, Iowa.; Owner financing available with 10% down.
    (337) 304-0481
    We can help!
    Listing Contact
    Robbie Ingle
    Real Estate License ID: 912122392
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    11 Abie Fontenot, Iowa, LA 70647
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!