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    4.68 Acres Old Military Rd Pearl River, LA 70452

    For Sale
    Contact for pricing

    4.68 Acres, Interstate 59 Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 4.68-acre commercial land parcel (203,837 sq ft) in Pearl River, Louisiana, presents a unique investment opportunity. Located on Old Military Road, it boasts unparalleled visibility and accessibility, situated directly adjacent to Interstate 59. The property benefits from its strategic position across from a thriving Microtel Hotel and near two high-volume gas stations, ensuring high traffic volume. This location is at the entrance to the largest industrial and distribution park in the area, a key advantage for businesses seeking proximity to major logistics hubs. The site is on the main thoroughfare into and out of Pearl River, making it highly visible to commuters and local residents. Its ideal location makes it suitable for a variety of commercial uses, including fast-food restaurants or hotels, catering to both commuters and the local community. The property is serviced by city water and sewer, and curb cuts have already been approved, simplifying development. The land is zoned for commercial use (APN: 1220547220), and the price per square foot is $10. This is a rare opportunity to acquire a prime commercial site in a rapidly growing area with excellent infrastructure and high visibility. Don't miss this chance to secure a strategic location in a thriving market. The property is ready for immediate development.

    Property Features for 0 4.68 Acres Old Military Rd

    General Information

    Property type
    Land

    HighLights

    • 4.68‑acre commercial land parcel in Pearl River, LA.
    • Zoned commercial, with a lot size of 203,837 square feet.
    • Land value: $10 per square foot.
    • APN: 1220547220.
    • Located near Interstate 59, a successful hotel, and high‑volume gas stations.
    • Situated at the entrance to a major industrial and distribution park.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Pearl River
    County
    St. Tammany Parish
    State
    Louisiana
    Longitude
    -89.742011
    Latitude
    30.350274

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    FAQs

    What type of property is this?
    Land - 4.68 Acres, Interstate 59 Access
    Where is this land located?
    The property is located at 4.68 Acres Old Military Rd Pearl River, LA.
    What are key features of this property?
    This property features: 4.68-acre commercial land parcel in Pearl River, LA.; Zoned commercial, with a lot size of 203,837 square feet.; Land value: $10 per square foot.
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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
    4.68 Acres Old Military Rd Pearl River, LA 70452
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