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Residential Lot in Merrywood
For Sale
$39,000
Pending

Lot 1 Chenel Street, Folsom, LA 70437

Residential lot available for new construction in Folsom, Louisiana.

Property SizeContact for details
Days on Market137

Property Features for Lot 1 Chenel Street

General Information

Standard status Pending
Property subtype Land
Zoning Reside
Listing Agency: Compass
Listed By: Meg Williams · License #995683066
Source: Compass
Added: Mar 25 Changed: Aug 8 Last Checked: Aug 8 at 7:32AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass

Investment Insights

Based on property information with market context.

This residential lot, measuring 100 x 300, is located in the Merrywood neighborhood. Situated on Chenel Street, the property is suitable for new construction, providing a blank slate for development. The lot's depth allows for a home to be set back from the street. The property is located in flood zone X, indicating it is a high and dry area where flood insurance is typically not required by lenders.

Key Highlights

  • Flood Zone X: Property is in a low‑risk flood zone.
  • No Flood Insurance Required: Lenders do not require flood insurance.
  • Large Lot Size: 100 X 300 lot provides ample space for construction.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Auto Repair Shop Electrical Service Law Firm Bed & Breakfast Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

17
Businesses Nearby

Demographics for 70437, LA

7,575
Population
3,451
Households
2.2
Avg Household Size
47
Median Age
34%
College-Educated
90%
High-School Grad
86.4 sq mi
ZIP Area
88
Density / Sq Mi
$66,154
Median Household Income
$41,506
Median Earnings
$563
Median Rent
$303,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Residential lot available for new construction in Folsom, Louisiana.
Where is this residential land & home lot located?
The property is located at Lot 1 Chenel Street Folsom, LA.
What is the asking price?
The asking price for this property is $39,000.
What are key features of this property?
This property features: Flood Zone X: Property is in a low‑risk flood zone.; No Flood Insurance Required: Lenders do not require flood insurance.; Large Lot Size: 100 X 300 lot provides ample space for construction.
More about this property
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