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    Hw 93 Sunset, LA 70584

    For Sale
    $225,000

    5.46 Acres, High-Traffic Intersection, Development Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 5.46-acre parcel presents a unique investment opportunity in Sunset, Louisiana. Strategically located at the northwest corner of Highway 93 and Highway 761 (Billeaux Road), this property benefits from a high-traffic intersection, ensuring excellent visibility and accessibility. The land is currently unzoned, offering flexibility for a variety of commercial and residential developments. The asking price for the entire 5.46-acre parcel is $225,000, translating to approximately $50,366 per acre. The property is bordered to the north by a Dollar General store, indicating strong commercial activity in the immediate vicinity. While the seller will consider dividing the property into two tracts with a corresponding price adjustment, the listing price reflects the entire parcel. It's important to note that a portion of the western side of the property, bordering Coulee Croche, falls within the 100-year floodplain. This information is crucial for any potential development plans and should be factored into due diligence. The property's APN is 0200902500. This prime location in St. Landry Parish, Louisiana (zip code 70584), offers significant potential for investors seeking a high-visibility site in a busy commercial area. Further investigation into zoning regulations and flood plain specifics is recommended.

    Property Features for 0 Hw 93

    General Information

    Property type
    Land
    Lot Size
    237,838 SF

    HighLights

    • 5.46‑acre parcel in Sunset, LA, at the high‑traffic intersection of Highways 93 & 761.
    • Unzoned land offering flexibility for various commercial/residential uses.
    • Asking price: $225,000 ($50,366/acre).
    • Adjacent to a Dollar General store.
    • Seller may consider dividing the property into two tracts.
    • Portion of the western side is in the 100‑year floodplain.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Sunset
    County
    St. Landry Parish
    State
    Louisiana
    Longitude
    -92.0813278
    Latitude
    30.3836463

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    FAQs

    What type of property is this?
    Land - 5.46 Acres, High-Traffic Intersection, Development Potential
    Where is this land located?
    The property is located at Hw 93 Sunset, LA.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: 5.46-acre parcel in Sunset, LA, at the high-traffic intersection of Highways 93 & 761.; Unzoned land offering flexibility for various commercial/residential uses.; Asking price: $225,000 ($50,366/acre).
    Request Owner's contact information
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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
    Hw 93 Sunset, LA 70584
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