Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Land Near Highway 90 Title is generated by Realmo AI

    4309 Chemin Metairie Road, Youngsville, LA 70592

    View on Map
    Claim this Listing
    For Sale
    $726,250

    3.385 acres near Highway 90 in Youngsville, Louisiana.

    Type:Land
    Property size:
    147,232 SF
    Lot size:
    3.39 Acres
    Price / SF:
    $4/SF
    Added:
    Apr 15, 2024
    Days on Market:
    781
    Last Refresh:
    Mar 13 at 2:43 pm

    Property Features for 4309 Chemin Metairie Road

    General Information

    Standard status
    Active
    Size
    147,232 SF
    Lot size
    3.39 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Dennis Jones
    Dennis Jones

    Listing agent Dennis Jones License #995684209

    Listing office Real Broker, LLC

    Listing date Apr 15, 2024

    Source Compass

    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 Real Broker, LLC

    HighLights

    • Prime Location: Just 2 minutes from Highway 90.
    • Large Acreage: 3.385 acres of potential.
    • Development Potential: Seller will consider subdividing the land.
    • Convenient Access: Only 7 minutes from Youngsville sports complex and sugar mill pond.
    • City Annexation: Property is annexed into the city of Youngsville.
    • High Visibility: LOCATION LOCATION LOCATION.

    Overview

    This 3.385-acre property is located in Youngsville, Louisiana, approximately 2 minutes from Highway 90 and 7 minutes from the Youngsville sports complex and Sugar Mill Pond areas. The property is annexed into the city of Youngsville. The seller is open to considering subdividing the land.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store 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
    Youngsville
    County
    Lafayette
    State
    Louisiana
    Longitude
    -92.0160984
    Latitude
    30.1101261

    Nearby Similar for Sale

    • $575,000
      8,940 SF

      Youngsville Commercial Property For Sale

      Versatile commercial property in Youngsville, suitable for various business operations.
      946 Austin Road, Youngsville, LA 70592
      View Details
    • $550,000

      Prime Youngsville Development Opportunity

      3.3 acres in Youngsville, suitable for residential or commercial development.
      721 St. Blaise Lane, Youngsville, LA 70592
      View Details
    • $716,000

      Prime Commercial Land Opportunity

      1.64-acre commercial parcel in high-growth Youngsville, LA.
      Young Street lot: 184, Youngsville, LA 70592
      View Details
    • $325,000

      Commercial Development Land Opportunity

      Commercial-zoned lot with strong corridor visibility and city water availability for retail, restaurant, medical, or service development.
      4400 Blk Chemin Metairie Parkway lot: 13, Youngsville, LA 70592
      View Details
    • $4,500,000
      17,680 SF

      Furnished Townhomes in Growing Area

      Ten professionally designed, fully furnished townhomes in Youngsville, Louisiana.
      425 Heart D Farm Road, Youngsville, LA 70592
      View Details
    • $250,000

      Youngsville Acre with Pond Views

      One-acre commercial tract in Youngsville with development potential.
      721 St. Blaise A Lane lot: 1, Youngsville, LA 70592
      View Details
    • $275,000

      Residential Land in Youngsville, LA

      4.05 acre residential lot in Youngsville with improvements.
      537 Chemin Agreable lot: C, Youngsville, LA 70592
      View Details
    • $682,200

      Commercial Land in Growing Youngsville

      Shovel-ready 1.31-acre commercial parcel in Rosewalk development.
      2800 Chemin Metairie Pkwy, Youngsville, LA 70592
      View Details
    • $700,000

      Youngsville Commercial Land Opportunity

      6.46-acre commercial land with high visibility and accessibility.
      2100 Blk Youngsville Highway, Youngsville, LA 70592
      View Details
    • $1,420,000

      Prime Commercial Land in Youngsville

      3.26-acre commercial parcel at Southern Trail entrance, Youngsville, LA.
      Young Street lot: 185, Youngsville, LA 70592
      View Details
    • $45,000

      Cleared Lot in Youngsville

      Cleared country lot, ready for custom home in Youngsville.
      121 Rue Obrey lot: 6A-Sec2, Youngsville, LA 70592
      View Details
    • $150,000

      Versatile Land in Youngsville, LA

      One-acre property with residential, commercial, retail, or office potential.
      106 Anchor Lane, Youngsville, LA 70592
      View Details

    FAQs

    What type of property is this?
    Land - 3.385 acres near Highway 90 in Youngsville, Louisiana.
    Where is this land located?
    The property is located at 4309 Chemin Metairie Road Youngsville, LA.
    What is the asking price?
    The asking price for this property is $726,250.
    What are key features of this property?
    This property features: Prime Location: Just 2 minutes from Highway 90.; Large Acreage: 3.385 acres of potential.; Development Potential: Seller will consider subdividing the land.
    (337) 852-5236
    We can help!
    Listing Contact
    Dennis Jones
    Dennis Jones
    Real Estate License ID: 995684209
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4309 Chemin Metairie Road, Youngsville, LA 70592
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!