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    4700 La-17 Delhi, LA 71232

    Sponsored
    For Sale
    $3,750,000

    Prime Louisiana Land: High Development Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 183-acre property in Delhi, Louisiana, presents a significant investment opportunity. Priced at $3,750,000 ($20,492/acre), this expansive land parcel offers diverse zoning allowing for agricultural, commercial, and residential uses. The property boasts extensive road frontage: 2,655 feet along LA-17 (with over 4,000 vehicles daily), 905 feet along Poverty Point Parkway, and 3,387 feet along Coles Creek Road. Its strategic location directly borders the Black Bear Golf Club and is situated just north of Poverty Point Lake, a popular tourist destination attracting over 100,000 visitors annually. The property's proximity to the I-20 corridor (300,000+ vehicles daily) and the rapidly developing Holly Ridge area (a 1,400-acre facility bringing hundreds of new jobs) further enhances its development potential. The seven separate parcels offer flexibility for various projects, benefiting from access to major roadways, local schools, and essential commodities within Delhi's city center. This is a rare opportunity to acquire a large, versatile tract of land in a high-growth area of Louisiana. The property is comprised of seven separate parcels and is zoned for Agricultural, Residential, and Commercial uses.

    Property Features for 4700 La-17

    General Information

    Property type
    Farms
    Lot Size
    7,971,480 SF

    HighLights

    • Black Bear Golf Club frontage.
    • Proximity to Poverty Point Lake, attracting over 100,000 annual visitors.
    • High development potential near schools, construction, and amenities.
    • Excellent access to major roadways.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Delhi
    County
    Richland Parish
    State
    Louisiana
    Longitude
    -91.4821482
    Latitude
    32.3927458

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Farm - Prime Louisiana Land: High Development Potential
    Where is this farm located?
    The property is located at 4700 La-17 Delhi, 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: Black Bear Golf Club frontage.; Proximity to Poverty Point Lake, attracting over 100,000 annual visitors.; High development potential near schools, construction, and amenities.
    Request Owner's contact information
    4700 La-17 Delhi, LA 71232
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    Delhi, LA 71232
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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
    4700 La-17 Delhi, LA 71232
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