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    37048 Ln Hwy Geismar, LA 70734

    For Sale
    $425,000

    High-traffic location, development potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional 0.85-acre commercial lot presents a remarkable investment opportunity in the thriving Geismar, Louisiana market. Strategically positioned on Highway 74, this property enjoys unparalleled visibility and accessibility, situated between a Marathon gas station and the entrance road to Dutchtown Primary School. Its prime location near the busy intersection of Highways 73 and 74 ensures high daily traffic counts, making it ideal for a variety of commercial ventures. The property's proximity to Interstate 10, Airline Highway, and the industrial corridor on Highway 30 further enhances its strategic value, providing easy access to major transportation routes and a large workforce. While a small Acadian-style house is included on the property, it is considered to have no significant impact on the overall value and is being offered as-is. The land itself represents the core investment opportunity, offering significant potential for development and substantial return. This is a rare chance to acquire a highly visible and conveniently located commercial parcel in a rapidly growing area. The asking price is $425,000. Serious inquiries are encouraged.

    Property Features for 37048 Ln Hwy

    General Information

    Property type
    Other commercial real estate
    Lot Size
    37,026 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Geismar
    County
    Ascension
    State
    Louisiana
    Longitude
    -90.98759
    Latitude
    30.25531

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, development potential.
    Where is this commercial real estate located?
    The property is located at 37048 Ln Hwy Geismar, LA.
    What is the asking price?
    The asking price for this property is $425,000.
    (225) 614-1534
    Request Owner's contact information
    37048 Ln Hwy Geismar, LA 70734
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    Geismar, LA 70734
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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
    37048 Ln Hwy Geismar, LA 70734
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