Listing Agency: Marcus & Millichap

Listed By: Daniel Hurd · License #FL SL3301193

Source: Crexi

Added: Nov 7, 2024 Changed: Aug 11 Last Checked: Aug 21 at 12:36PM

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Investment Insights

Based on property information with market context.

This offering consists of 183 acres of land in Delhi, Louisiana, available for sale. The property is divided into 7 separate parcels and features 2,655 feet of frontage along LA-17 on its western side, 905 feet along Poverty Point Parkway to the south, and 3,387 feet of Coles Creek Road, which runs through the northwest part of the lots. LA-17 experiences a daily traffic volume of over 4,000 vehicles. The site is located just south of Delhi's city center, which hosts major commercial commodities and local jobs, and is near the I-20 corridor, which sees upwards of 300,000 vehicles daily. The property is situated minutes from the Holly Ridge area, which is currently undergoing major developments, including a 1,500-megawatt natural gas power plant and a $10 billion Meta AI Data Center. These projects are expected to bring at least 5,000 total direct and indirect new jobs to the area, with average salaries reaching $100,000 per year.

Key Highlights

• Proximity to major developments: A 1,500‑megawatt natural gas power plant and a $10 billion Meta AI Data Center are being developed nearby.
• Significant job creation: These developments are expected to bring at least 5,000 new direct and indirect jobs to the area.
• High traffic volume: Located near the I‑20 corridor, which sees upwards of 300,000 vehicles daily.

Property Analytics

Current Use

Land

Location Intelligence

Trade Area within ½ mile

3

Businesses Nearby

Explore this area Business Placement

Demographics for 71232, LA

6,073

Population

2,864

Households

2.1

Avg Household Size

43

Median Age

13%

College-Educated

79%

High-School Grad

247.2 sq mi

ZIP Area

25

Density / Sq Mi

$54,010

Median Household Income

$37,148

Median Earnings

$907

Median Rent

$118,800

Median Home Value

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Frequently Asked Questions

What type of property is this?

Land - 183 acres of land near major developments in Delhi, LA.

Where is this land located?

The property is located at 4700 LA-17 Waverly, LA.

What is the asking price?

The asking price for this property is $3,750,000.

What are key features of this property?

This property features: Proximity to major developments: A 1,500‑megawatt natural gas power plant and a $10 billion Meta AI Data Center are being developed nearby.; Significant job creation: These developments are expected to bring at least 5,000 new direct and indirect jobs to the area.; High traffic volume: Located near the I‑20 corridor, which sees upwards of 300,000 vehicles daily.