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    41765 Hwy 23 Hwy Buras, LA 70041

    For Sale
    $399,000

    8-Acre Riverfront Tract, Huge Potential

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional 8-acre commercial lot presents a unique investment opportunity in Buras, Louisiana. Located at 41765 HWY 23 Highway, this property boasts a prime location just seven miles from the marinas in Venice, offering unparalleled access to the region's waterways. Currently vacant, the land is zoned I-3, providing flexibility for a wide range of commercial ventures. Imagine developing a thriving business, a luxurious lodge catering to outdoor enthusiasts, or any other entity that aligns with the zoning regulations, potentially requiring permits or variances. The property's river batture location offers stunning views and direct access to the water. For those seeking a blend of business and recreation, this location is ideal. The abundance of fishing and hunting opportunities in the surrounding area makes it a haven for outdoor adventurers. South Plaquemines Parish offers a wealth of natural beauty, including scenic bayous and waterways, providing a tranquil backdrop for any development. This 8-acre parcel is a blank canvas, ready for your vision to transform it into a successful enterprise or a personal retreat. Seize this chance to own a piece of Louisiana's captivating landscape and unlock its immense potential. The asking price is $399,000.

    Property Features for 41765 Hwy 23 Hwy

    General Information

    Property type
    Other commercial real estate
    Lot Size
    348,480 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Buras
    County
    Plaquemines
    State
    Louisiana
    Longitude
    -89.37565
    Latitude
    29.30051

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    FAQs

    What type of property is this?
    Commercial real estate - 8-Acre Riverfront Tract, Huge Potential
    Where is this commercial real estate located?
    The property is located at 41765 Hwy 23 Hwy Buras, LA.
    What is the asking price?
    The asking price for this property is $399,000.
    (888) 893-3537
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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
    41765 Hwy 23 Hwy Buras, LA 70041
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