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    Tbd La-42 Prairieville, LA 70769

    Sponsored
    For Lease
    Contact for pricing

    0.46-acre lot, prime location, Hwy 42

    Lot size:
    20,038 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.46-acre commercial lot, located off LA-42 in Prairieville, Louisiana (zip code 70769), presents a unique build-to-suit opportunity. Situated in Ascension Parish, this single-tenant parcel boasts 20,038 square feet and offers significant development potential. The property features 100 feet of frontage and is conveniently located near the intersection of LA-42 and Old Jefferson Highway, providing easy access to major transportation routes, including Airline Highway. Existing infrastructure includes a sidewalk along the northern border and a drainage ditch on the eastern side. The MU2 zoning allows for a variety of uses, including retail pads and office spaces. This rapidly growing area offers a strong market for commercial development, with nearby amenities such as schools, restaurants, banks, and major grocery stores like Walmart Supercenter and Rouses. The property's strategic location and build-to-suit potential make it an ideal investment for developers seeking a prime location in a thriving community. The Ascension Parish Assessor's Parcel Number (APN) is 20026312.

    Property Features for 0 Tbd La-42

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,038 SF

    Unit(s) available at that property

    Space
    Size
    20,038 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Prairieville
    County
    Ascension Parish
    State
    Louisiana
    Longitude
    -90.956205544724
    Latitude
    30.320497886291

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    FAQs

    What type of property is this?
    Land - 0.46-acre lot, prime location, Hwy 42
    Where is this land located?
    The property is located at Tbd La-42 Prairieville, LA.
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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
    Tbd La-42 Prairieville, LA 70769
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