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    25420 La-1 Plaquemine, LA 70764

    For Sale
    $499,000

    1.02 Acres Across from Ochsner

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.02-acre commercial land parcel presents a unique investment opportunity in Plaquemine, Louisiana. Located directly across the street from the newly constructed Ochsner Hospital, this site boasts high visibility and unparalleled access to a growing healthcare market. The property, identified by APN 0200390890, is zoned for commercial use and offers significant potential for various developments. With no deed restrictions prohibiting medical uses, this location is ideally suited for medical-related businesses seeking proximity to the hospital. The asking price is $499,000, translating to a land value of $489,216 per acre. The site's ample space allows for the construction of a substantial building, and the property includes 75 parking spaces, addressing the parking needs of any future development. This property is situated at 25420 LA-1, Plaquemine, LA 70764, in Iberville County, offering easy access to major roadways and a thriving community. The seller is open to build-to-suit options for sale or lease, providing flexibility for potential buyers or tenants. This prime location, coupled with the absence of restrictive covenants, makes this a truly exceptional opportunity for investors and developers alike. Don't miss this chance to capitalize on the growth potential in this rapidly developing area.

    Property Features for 25420 La-1

    General Information

    Property type
    Land
    Lot Size
    44,431 SF

    HighLights

    • Submarket 73
    • High‑traffic location with excellent visibility.
    • Strong tenant base with long‑term leases.
    • Modern building amenities.
    • Competitive rental rates.
    • Easy access to major transportation routes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Plaquemine
    County
    Iberville
    State
    Louisiana
    Longitude
    -91.2213766
    Latitude
    30.2683532

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    FAQs

    What type of property is this?
    Land - 1.02 Acres Across from Ochsner
    Where is this land located?
    The property is located at 25420 La-1 Plaquemine, LA.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: Submarket 73; High-traffic location with excellent visibility.; Strong tenant base with long-term leases.
    Request Owner's contact information
    25420 La-1 Plaquemine, LA 70764
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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
    25420 La-1 Plaquemine, LA 70764
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