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    Waterfront Land with Boat Slip Title is generated by Realmo AI

    18718 Bayou Pierre Dr, Maurepas, LA 70449

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    Claim this Listing
    For Sale
    $187,777

    Unimproved Land - Maurepas, LA

    Type:Unimproved Land
    Lot size:
    0.48 Acres
    Added:
    Apr 14, 2026
    Days on Market:
    51
    Last Refresh:
    Jun 3 at 3:06 pm

    Property Features for 18718 Bayou Pierre Dr

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Exterior features
    Dead-end Lot
    Dock
    1
    Standard status
    Active
    Lot size
    0.48 Acres

    Taxes and HOA fees

    Expense value
    450
    Expense
    Home Owner Assessments Fee

    Utilities

    Water front features
    River Front, Waterfront, Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Tom Bhramayana

    Listing agent Tom Bhramayana

    Listing office Keller Williams Realty Premier Partners 1113 S Range Ave Ste 140, Denham Springs, LA

    Listing date Apr 14, 2026

    MLS# 2026006845 Listing URL

    Copyright © 2026 Greater Baton Rouge 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.

    HighLights

    • Direct access to Amite River Diversion, Blind River, Lake Maurepas, Lake Pontchartrain, and the Gulf of Mexico.
    • Waterfront improvements already in place: bulkhead and boat slip with sundeck.
    • Located in a gated community, The Settlement at Bayou Pierre.
    • Convenient access to amenities: boat launches, dining, entertainment, gyms, grocery store, restaurants, pharmacy, and urgent care.
    • Convenient location: 35 minutes to Baton Rouge and Hammond, 45 minutes to New Orleans Airport.
    • Large 104 x 200 lot suitable for slab construction; house plans available.

    Overview

    Rare riverfront opportunity on a 104 x 200 lot along the Amite River Diversion. The property includes waterfront improvements already in place, including a bulkhead and a built boatslip with a sun deck roof, plus black metal and stainless steel cable deck and stair railings. With the lot set up for slab construction, this is well-suited for buyers ready to build their own waterfront home.

    Set within The Settlement at Bayou Pierre, a small dead-end gated community, the location offers convenient access to nearby boating and everyday essentials. The community is positioned near two boat launches and close to dining and entertainment with live music, as well as gyms, grocery shopping, restaurants, pharmacy, and urgent care. The area provides access to Blind River, the Amite River, Lake Maurepas, Lake Pontchartrain, and even the Gulf. Commuting is also described as convenient to Baton Rouge (about 35 minutes), New Orleans Airport (about 45 minutes), or Hammond (about 35 minutes).

    For planning and construction, the seller notes minimum dwelling size requirements of 2,000 square feet for a one-story home and 2,500 square feet for a two-story home. House plans for a 3,000-square-foot layout are also available, making it easier to move from waterfront property to a finalized build plan while the dock and bulkhead are already completed.
    Property Profile Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Maurepas
    County
    Livingston
    State
    Louisiana
    Longitude
    -90.7754524
    Latitude
    30.2521185

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    FAQs

    What type of property is this?
    Waterfront Land - Build on a slab with existing bulkhead and a boatslip featuring a sun deck roofed structure.
    Where is this waterfront land located?
    The property is located at 18718 Bayou Pierre Dr Maurepas, LA.
    What is the asking price?
    The asking price for this property is $187,777.
    What are key features of this property?
    This property features: Direct access to Amite River Diversion, Blind River, Lake Maurepas, Lake Pontchartrain, and the Gulf of Mexico.; Waterfront improvements already in place: **bulkhead and boat slip with sundeck.**; Located in a gated community, The Settlement at Bayou Pierre.
    (225) 664-1911
    We can help!
    Listing Contact
    Tom Bhramayana
    Real Estate License ID: 0000055578
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    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.

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