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

    629 Desoto Dr Laplace, LA 70068

    View on Map
    Sponsored
    For Sale
    $70,000

    Vacant Land - La Place, LA

    Property size:
    12,455 SF
    Lot size:
    0.29 Acres
    Days on Market:
    95
    Last Refresh:
    Mar 14 at 4:06 am

    Property Features for 629 Desoto Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Res
    Size
    12,455 SF
    Lot size
    0.29 Acres

    Taxes and HOA fees

    Expense value
    125
    Expense
    Home Owner Assessments Fee

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Joshua Speight
    Joshua Speight

    Christian Shane Properties (504) 208-5688

    Listing agent Joshua Speight (504) 208-5688

    Listing date Dec 9, 2025

    MLS# 2534022 Listing URL

    Copyright © 2026 New Orleans Metropolitan 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.

    Learn more

    Property Insight Report

    Overview

    Residential Lot in River Oaks

    This 0.25-acre lot is located in the River Oaks Subdivision in La Place, LA. The property, situated in a desirable community, is suitable for building a custom home. The spacious parcel allows for a residence with landscaping. The property is near local amenities, dining, and schools. The lot size is 0.2857 acres, which is equivalent to 12455 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel Auto Parts Store Kitchen & Bath Showroom

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

    Location Insight

    • Map
    • Local Demand
    City
    Laplace
    County
    St. John the Baptist
    State
    Louisiana
    Longitude
    -90.475598
    Latitude
    30.0959049

    Nearby Similar for Sale

    • New
      $650,000
      47.00 Acres

      La Place Commercial Building

      Commercial building with offices, warehouse, and convenient location.
      1032 Bert St, Laplace, LA 70068
      View Details
    • $400,000
      4,720 SF

      Renovated Laplace Fourplex For Sale

      Well-maintained fourplex with renovated units, ideal for rental portfolio expansion.
      725 Woodland Dr, Laplace, LA 70068
      View Details
    • New
      $240,000
      3,000 SF

      La Place Warehouse Office Combination

      Warehouse office combination in La Place Business Park.
      1026 Bert St, Laplace, LA 70068
      View Details
    • New
      $275,000
      0.30 Acres

      La Place Commercial Property

      Commercial property with air-conditioned warehouse, office, and covered areas.
      1208 Bert St, Laplace, LA 70068
      View Details
    • $990,000

      Commercial Office Building For Sale

      Commercial office building with 1,424 SF of interior office space.
      669 Belle Terre Blvd, Laplace, LA 70068
      View Details
    • $1,625,000
      32,241 SF

      LaPlace Mixed-Use Commercial Property

      High-visibility retail, ±32,241 SF, prime location.
      1905 Airline Hwy, LaPlace, LA 70068
      View Details
    • $299,000
      5,038 SF

      LaPlace Flex Space: $299,000

      5,083 SF Flex Space; Owner/User Opportunity
      116 Newspaper Dr, LaPlace, LA 70068
      View Details
    • $1,100,000
      21,600 SF

      LaPlace Warehouse: $1.1M Asking Price

      Industrial Warehouse, 21,600 SF, 8 Acres
      211 Mcreine Rd, LaPlace, LA 70068
      View Details
    • $10,100,000
      8,450,640 SF

      Willow Bend Terminal: Prime Industrial Site

      Riverfront Manufacturing/Warehouse, $10.1M
      Mile 141.5 Bank Riv, LaPlace, LA 70068
      View Details
    • $255,000
      68,694 SF

      LaPlace Industrial Land for Sale

      Prime Louisiana Distribution/Warehouse Land
      0 Bert St, LaPlace, LA 70068
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 0.25-acre lot in River Oaks Subdivision, La Place, LA.
    Where is this residential land & home lot located?
    The property is located at 629 Desoto Dr Laplace, LA.
    What is the asking price?
    The asking price for this property is $70,000.
    What are key features of this property?
    This property features: - Prime building opportunity for a custom home.; - Located in the desirable River Oaks Subdivision.; - Generous 0.25-acre lot size.
    (504) 343-6444
    Request Owner's contact information
    629 Desoto Dr Laplace, LA 70068
    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.
    629 Desoto Dr
    Laplace, LA 70068
    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
    629 Desoto Dr Laplace, LA 70068
    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

    We can help!
    Listing Contact
    Joshua Speight
    Joshua Speight
    Real Estate License ID: 995709843
    (504) 343-6444 (504) 913-8177 (504) 208-5688
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!