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    178 Hwy 182 / Hwy Opelousas, LA 70570

    For Sale
    $1,604,400

    Land - Opelousas, LA

    Lot size:
    133.71 Acres
    Days on Market:
    223
    Last Refresh:
    Dec 10 at 8:06 am

    Property Features for 178 Hwy 182 / Hwy

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    133.71 Acres

    Building Details

    Architectural style
    Other

    ICON Real Estate Co (337) 534-4099 [email protected]

    Listing agent Lisa Greenwood (337) 534-4099

    Listing date May 2, 2025

    MLS# 19001965 Listing URL

    Copyright © 2025 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

    Opelousas Land with Development Potential

    This property consists of approximately 133.71 acres situated between Sunset and Opelousas, Louisiana. It features extensive road frontage on two Louisiana highways, 182 and 178, and offers convenient access to I-49, located 3 miles away. The site is secluded and serene. 109.97 acres of the property have been certified as shovel ready by the Louisiana Economic Development and are located within a New Markets Tax Credit District, which offers tax credits for new development. The entire site is above the 100-year floodplain, offering development opportunities.
    Location Intelligence

    Current Use by Public Records

    Agricultural land

    Map

    City
    Opelousas
    County
    St. Landry
    State
    Louisiana
    Longitude
    -92.101
    Latitude
    30.5146

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    FAQs

    What type of property is this?
    Agricultural land - 133.71 acres with highway frontage and development incentives.
    Where is this agricultural land located?
    The property is located at 178 Hwy 182 / Hwy Opelousas, LA.
    What is the asking price?
    The asking price for this property is $1,604,400.
    What are key features of this property?
    This property features: - 109.97 acres certified shovel-ready by Louisiana Economic Development.; - Located within a New Markets Tax Credit District, offering tax credits.; - Entire site above the 100-year floodplain.
    (337) 534-4099
    Request Owner's contact information
    178 Hwy 182 / Hwy Opelousas, LA 70570
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    Realmo Value Estimation

    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

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    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.

    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
    178 Hwy 182 / Hwy Opelousas, LA 70570
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