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    73 And Hwy 74 Geismar, LA 70734

    Sponsored
    For Sale
    $2,255,000

    11 Acres, Hwy 73 & 74, $2.25M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 11-acre parcel, strategically located at the intersection of Hwy 73 and Hwy 74 in Geismar, Louisiana, presents a remarkable development opportunity. Priced at $2,255,000, this property offers significant potential for retail or multifamily projects. The land is zoned RM (Medium Intensity), allowing for a variety of uses. With a land value of $205,000 per acre, this represents a strong investment in a high-traffic area. The site boasts convenient access to I-10, La-74, and Hwy 30, ensuring excellent visibility and accessibility. Furthermore, its proximity to Dutchtown Primary, Middle, and High School provides a substantial built-in customer base. Daily traffic counts just north of 20,000 vehicles per day underscore the high visibility and potential for strong retail performance. The APN is 20000336. An additional 6 acres are also available for purchase, expanding the development possibilities even further. This prime location in the heart of Dutchtown, Ascension Parish (zip code 70734), offers unparalleled potential for significant return on investment.

    Property Features for 73 And Hwy 74

    General Information

    Property type
    Land
    Lot Size
    479,160 SF

    HighLights

    • $2,255,000 asking price for 11 acres of retail/land zoned RM (Medium Intensity).
    • Ideal for retail or multifamily development in Geismar, LA.
    • High‑traffic location on Hwy 73, near I‑10, LA‑74, and Hwy 30, with over 20,000 vehicles per day.
    • Adjacent to Dutchtown schools (primary, middle, and high).
    • Additional 6 acres available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Geismar
    County
    Ascension Parish
    State
    Louisiana
    Longitude
    -90.9890679
    Latitude
    30.2545951

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    FAQs

    What type of property is this?
    Land - 11 Acres, Hwy 73 & 74, $2.25M
    Where is this land located?
    The property is located at 73 And Hwy 74 Geismar, LA.
    What is the asking price?
    The asking price for this property is $2,255,000.
    What are key features of this property?
    This property features: $2,255,000 asking price for 11 acres of retail/land zoned RM (Medium Intensity).; Ideal for retail or multifamily development in Geismar, LA.; High-traffic location on Hwy 73, near I-10, LA-74, and Hwy 30, with over 20,000 vehicles per day.
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    73 And Hwy 74 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
    73 And Hwy 74 Geismar, LA 70734
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