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    Tbd Veterans Memorial Dr Erath, LA 70533

    For Sale
    $475,000

    Land - Erath, LA

    Lot size:
    10.00 Acres
    Days on Market:
    294
    Last Refresh:
    Dec 10 at 7:06 pm

    Property Features for Tbd Veterans Memorial Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Res/Comm
    Exterior features
    Open Ditches
    Lot size
    10.00 Acres

    Building Details

    Architectural style
    Other

    Acadiana Investment Group (337) 735-9300 [email protected]

    Listing agent Selena Lormand (337) 735-9300

    Listing date Feb 20, 2025

    MLS# 21003212 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

    Erath Land with Highway Frontage

    This 10+ acre tract is located in Erath, Louisiana. The property is currently unzoned, presenting commercial development opportunities. It offers convenient access to the city park and features approximately 770 feet of frontage on Highway 14, along with corner access at Gin Road, providing dual road access. City water and sewer services are available. Situated across the street from the fire station, the property experiences a traffic count of approximately 22,000 cars per day. Phase 3 power is located at the corner. The seller may consider selling all or part of the tract, with subdivision at the buyer's expense. The seller is also willing to sell the 2.2-acre corner for $225,000 but must approve the intended use if the entire 10-acre tract is not purchased.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Erath
    County
    Vermilion
    State
    Louisiana
    Longitude
    -92.0456
    Latitude
    29.8974

    FAQs

    What type of property is this?
    Land - Unzoned 10+ acre tract with commercial possibilities in Erath.
    Where is this land located?
    The property is located at Tbd Veterans Memorial Dr Erath, LA.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: - 10+ acre tract with commercial possibilities due to unzoned status.; - High traffic location with approximately 770 ft of highway frontage and dual road access.; - Convenient access to city park.
    (337) 735-9300
    Request Owner's contact information
    Tbd Veterans Memorial Dr Erath, LA 70533
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    Erath, LA 70533
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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
    Tbd Veterans Memorial Dr Erath, LA 70533
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