Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1660 Pavilion Drive lot 13 5 6 Iowa, LA 70647

    View on Map
    For Sale
    $35,000

    LAND - Iowa, LA

    Lot size:
    0.05 Acres
    Added:
    Jan 15, 2026
    Days on Market:
    76
    Last Refresh:
    Apr 1 at 7:06 am

    Property Features for 1660 Pavilion Drive lot 13 5 6

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Residential
    Standard status
    Active
    APN
    00262927
    Lot size
    0.05 Acres

    Taxes and HOA fees

    TaxDescription
    LT.5 Of Pavilion ACS Sub PH 1, A Resub Of lot 7 of Partition Of TELESPHORE LELEAUX (#3114585 3906-43 less c/s from seventh district pavilion inc. to Stacy L. Dixion & Esther DESC AS:PARCEL OF LAND OR STRIP IN LOT 7 OF TELESHORE LELEAUX PARTN IN E/2E/2

    Utilities

    Utilities
    Water Available
    Sewer type
    Septic Tank, Private Sewer
    Water source
    Public

    We can help!

    Listing Contact
    Anthony C Clement

    Listing agent Anthony C Clement License #049426

    Listing office Weiser Realty & Property Managment, LLC 117 E Broussard Rd, Lafayette, LA

    Listing date Jan 15, 2026

    MLS# 2500007085

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

    Overview

    Residential Land in Iowa, Louisiana

    Four lots remain in this new residential development. The lots are suitable for building a home or for investment purposes. The zoning is residential. The lot size is approximately 0.05 acres. The property is located in Iowa, Louisiana.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Dental Office Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Iowa
    County
    Calcasieu
    State
    Louisiana
    Longitude
    -93.0164
    Latitude
    30.1972

    Nearby Similar for Sale

    • $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
    • $229,000

      Iowa Triplex with Investment Potential

      Four-bedroom home, triplex, and RV pad on a corner lot.
      318 S Welty St, Iowa, LA 70647
      View Details
    • $165,000

      Ready-to-Build Land in Iowa, LA

      10.8 acres ready for building in a country setting.
      0 Abie Fontenot Road, 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
    • $35,000

      Residential Lots in Iowa, LA

      Residential lots available in a country setting.
      1742 Pavilion Drive lot: 13,5,6, 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
    • $35,000

      Residential Land in Iowa, Louisiana

      Residential lots available in a country setting.
      1728 Pavilion Drive lot: 13,5,6, 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
    • $33,000

      Ready-to-Build Homesite in Iowa, LA

      Cleared .33-acre lot in Settlers Trace Subdivision, ready for construction.
      8113 Kinslee, Iowa, LA 70647
      View Details
    • $89,500

      Land in Iowa, Louisiana

      3.6-acre corner lot suitable for building or homesteading.
      0 BeBee, Iowa, LA
      View Details
    • $33,000

      Residential Land in Settlers Trace

      Cleared 0.33-acre homesite ready for construction in Iowa, LA.
      8111 Kinslee, Iowa, LA 70647
      View Details
    • $63,000

      Ready-to-Develop Acreage Near Lake Charles

      3.22-acre tract near I-10, ideal for building a home.
      13 Abie Fontenot, Iowa, LA 70647
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Residential lots available in a country setting.
    Where is this residential land & home lot located?
    The property is located at 1660 Pavilion Drive lot 13 5 6 Iowa, LA.
    What is the asking price?
    The asking price for this property is $35,000.
    What are key features of this property?
    This property features: Only 4 lots remaining, don't miss out!; Minimal restrictions for building, allowing flexibility in your design.; Suitable for building a dream home in a peaceful country setting.
    (337) 581-7571
    We can help!
    Listing Contact
    Anthony C Clement
    Real Estate License ID: 049426
    Learn More
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!