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    5409 University Pkwy Natchitoches, LA 71457

    Sponsored
    For Sale
    $492,666

    Prime 1.13-acre commercial lot, high visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.13-acre commercial lot is ideally situated in Natchitoches, Louisiana, at 5409 University Pkwy #4, 71457. Boasting a highly desirable location with excellent visibility and high traffic counts, this property presents a unique investment opportunity. Zoned for COMMERCIAL use, it's perfectly suited for a diverse range of businesses, including hotels, restaurants, retail establishments, or even a gas station. Its strategic placement next to a Burger King on the west side of Interstate 49 ensures significant exposure to a large volume of daily traffic. The property is privately owned and offers a compelling chance to establish a thriving enterprise in a vibrant community. The asking price is $492,666. This prime location and versatile zoning make this a rare opportunity for commercial development in Natchitoches. Serious inquiries are encouraged.

    Property Features for 5409 University Pkwy

    General Information

    Property type
    Land
    Lot Size
    49,223 SF

    HighLights

    • $492,666 asking price.
    • 1.13‑acre commercial land parcel.
    • Located in Natchitoches, LA, at 5409 University Pkwy #4.
    • Zoned COMMERCIAL.
    • High traffic, high visibility location near I‑49 and Burger King.
    • Suitable for hotel, restaurant, retail, or gas station development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Burger King Restaurant

    Suggested Use

    Restaurant Auto Repair Shop Auto Parts Store Food Market Hotel & Motel Cafe & Coffee Shop Convenience Store Smoke and Vape Shop Arcade & Gaming Center Italian Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    Natchitoches
    County
    Natchitoches Parish
    State
    Louisiana
    Longitude
    -93.160099
    Latitude
    31.725602

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    FAQs

    What type of property is this?
    Land - Prime 1.13-acre commercial lot, high visibility.
    Where is this land located?
    The property is located at 5409 University Pkwy Natchitoches, LA.
    What is the asking price?
    The asking price for this property is $492,666.
    What are key features of this property?
    This property features: $492,666 asking price.; 1.13-acre commercial land parcel.; Located in Natchitoches, LA, at 5409 University Pkwy #4.
    Request Owner's contact information
    5409 University Pkwy Natchitoches, LA 71457
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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
    5409 University Pkwy Natchitoches, LA 71457
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