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    Military Rd Pearl River, LA 70452

    Sponsored
    For Sale
    Contact for pricing

    High-traffic I-59 interchange site, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2.291-acre commercial land parcel presents a unique investment opportunity in Pearl River, Louisiana. Strategically located at the intersection of Military Rd, Unit 1-2, and Interstate 59, this property enjoys unparalleled visibility and accessibility. Its prime location directly across from a thriving Microtel Inn & Suites and adjacent to two high-volume gas stations ensures consistent high traffic counts. The site is situated at the entrance to the largest industrial and distribution park in the area, providing easy access to a substantial workforce and consumer base. This location is also on the main thoroughfare in and out of the Pearl River community, making it an ideal location for businesses catering to both commuters and local residents. The property is zoned for commercial use, allowing for a wide range of development possibilities, including fast food restaurants, hotels, or other commercial ventures. The site boasts city water and sewer utilities, and curb cuts have already been approved, streamlining the development process. This is a rare opportunity to acquire a highly visible and well-located parcel in a rapidly growing area, offering significant potential for long-term growth and return on investment. The land is priced at $11 per square foot. Don't miss this chance to secure a prime location in a thriving market.

    Property Features for 0 Military Rd

    General Information

    Property type
    Individual retail properties
    Lot Size
    99,796 SF

    HighLights

    • 2.291‑acre commercial land parcel in Pearl River, LA.
    • High‑traffic location at Military Rd & I‑59 intersection, across from a Microtel Inn & Suites and adjacent to gas stations.
    • Situated at the entrance to a major industrial park, offering access to a large workforce and consumer base.
    • Zoned for commercial use, ideal for restaurants, hotels, or other commercial ventures.
    • City water & sewer available; curb cuts approved.
    • Priced at $11 per square foot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Map

    City
    Pearl River
    County
    St. Tammany Parish
    State
    Louisiana
    Longitude
    -89.7567693
    Latitude
    30.4585803

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    FAQs

    What type of property is this?
    Individual retail property - High-traffic I-59 interchange site, ideal for development.
    Where is this individual retail property located?
    The property is located at Military Rd Pearl River, LA.
    What are key features of this property?
    This property features: 2.291-acre commercial land parcel in Pearl River, LA.; High-traffic location at Military Rd & I-59 intersection, across from a Microtel Inn & Suites and adjacent to gas stations.; Situated at the entrance to a major industrial park, offering access to a large workforce and consumer base.
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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
    Military Rd Pearl River, LA 70452
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