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    4198 Highway 1 Raceland, LA 70374

    For Sale
    $899,000

    Other - Raceland, LA

    Property size:
    5,500 SF
    Lot size:
    24.00 Acres
    Days on Market:
    152
    Last Refresh:
    Dec 14 at 9:06 pm

    Property Features for 4198 Highway 1

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Parking
    24
    Appliances
    Cooktop, Cooktop - Gas
    Size
    5,500 SF
    Lot size
    24.00 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Building materials
    Aluminum Siding, Block, Brick, Vinyl Siding
    Architectural style
    Other

    Bayou Partners Investments, LLC (985) 262-4400 [email protected]

    Listing agent Holly Guidry (985) 262-4400

    Listing date Jul 16, 2025

    MLS# 2025003476 Listing URL

    Copyright © 2025 Bayou Board 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.

    Overview

    24-Acre Mixed-Use Income Property

    This 24-acre property in Raceland, Louisiana, presents a mixed-use opportunity with residential and commercial potential. The property includes a main house suitable for living or renting, along with other rental income homes. There is potential for renting camper spaces and accommodating commercial businesses. One acre is currently rented to a storage company for $1500 per month. A 5000 sq. ft. pavilion and a 2200 sq. ft. shop are rented for motorhome storage for $350. The main house includes offices measuring 15x16 with a full bath, and an additional 14x16 office. The rear acreage offers farming potential.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Hair Salon Nail Salon Hotel & Motel Department Store Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Raceland
    County
    Lafourche
    State
    Louisiana
    Longitude
    -90.587486
    Latitude
    29.71978

    Nearby Similar for Sale

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      Raceland Commercial Building on Highway 1

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    • $190,000
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      Raceland Commercial Property For Sale

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    • New
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      Raceland Retail Property For Sale

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    • $170,000
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      Raceland Commercial Building on Highway

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    • $350,000
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      Raceland Commercial Land Investment

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    FAQs

    What type of property is this?
    Residential income property - 24-acre Raceland property with residential, commercial, and farming potential.
    Where is this residential income property located?
    The property is located at 4198 Highway 1 Raceland, LA.
    What is the asking price?
    The asking price for this property is $899,000.
    What are key features of this property?
    This property features: - Multiple Income Streams: Rental houses, camper spaces, commercial businesses, and storage company rental provide diverse income opportunities.; - Large Acreage: This 24-acre property offers significant space for various uses.; - Existing Rental Income: Benefit from current rental agreements generating income from storage company, pavilion, and shop.
    (985) 262-4400
    Request Owner's contact information
    4198 Highway 1 Raceland, LA 70374
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    Raceland, LA 70374
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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

    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.

    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
    4198 Highway 1 Raceland, LA 70374
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