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    16338 Airline Hwy Prairieville, LA 70769

    For Sale
    $1,395,000

    High-visibility retail land, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 1.78-acre commercial land parcel presents a remarkable investment opportunity in Prairieville, Louisiana. Strategically located at 16338 Airline Highway, this property boasts prominent frontage on both Airline Highway and Old Jefferson Highway (Highway 73), placing it between established businesses like Sammy's Restaurant and RaceTrac. The M-U (Mixed Use) zoning allows for a diverse range of development options, including retail, medical, quick-service restaurants (QSR), financial institutions, or specialized uses such as restaurants. The site offers approximately 248.24 feet of frontage on Airline Highway and approximately 150.67 feet of frontage on Old Jefferson Highway. A significant advantage is the existing paved cross-easement providing convenient access between both highways. Infrastructure is already in place, including water service with a private fire hydrant and a private sewage treatment plant. The property is being sold "as is, where is" with a full waiver of redhibition. While minor use, building setback, and signage restrictions apply, this high-visibility location offers unparalleled potential for significant return on investment. The asking price is $1,395,000.

    Property Features for 16338 Airline Hwy

    General Information

    Property type
    Land
    Lot Size
    77,537 SF

    HighLights

    • 1.78‑acre commercial land parcel in Prairieville, LA.
    • High‑visibility location fronting both Airline Highway and Old Jefferson Highway (Highway 73), situated between RaceTrac and Sammy's Restaurant.
    • M‑U (Mixed Use) zoning allows for diverse development, including retail, medical, QSR, and financial uses.
    • Features a paved cross‑easement connecting Airline and Old Jefferson Highways.
    • Minor use, building setback, and signage restrictions apply.
    • Sold "as is, where is" with a full waiver of redhibition.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Prairieville
    County
    Ascension Parish
    State
    Louisiana
    Longitude
    -90.973497
    Latitude
    30.306128

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    FAQs

    What type of property is this?
    Land - High-visibility retail land, prime location.
    Where is this land located?
    The property is located at 16338 Airline Hwy Prairieville, LA.
    What is the asking price?
    The asking price for this property is $1,395,000.
    What are key features of this property?
    This property features: 1.78-acre commercial land parcel in Prairieville, LA.; High-visibility location fronting both Airline Highway and Old Jefferson Highway (Highway 73), situated between RaceTrac and Sammy's Restaurant.; M-U (Mixed Use) zoning allows for diverse development, including retail, medical, QSR, and financial uses.
    (225) 329-0280
    Request Owner's contact information
    16338 Airline Hwy Prairieville, LA 70769
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    Prairieville, LA 70769
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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
    16338 Airline Hwy Prairieville, LA 70769
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