Property profile

0 Highway 44 Gonzales, LA 70737

OFF-MARKET
Retail properties & Spaces
366,520 SF 0.2 ac lot
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Property summary

AI-generated overview

This exceptional 46-acre mixed-use development site, known as The Village at Conway, presents a unique investment opportunity in Gonzales, Louisiana. Located on Highway 44 in Ascension Parish County, this fee-simple property boasts 366,520 square feet across a single, one-story building. The site is ideally suited for a variety of commercial uses, from large-format retail establishments like grocery stores and restaurants to smaller single-tenant office spaces. The property's design incorporates a traditional neighborhood development plan, creating a walkable community with ample green space, including lakes and miles of jogging trails. A central town square provides a gathering place for residents and visitors. The majority of the commercial space enjoys high visibility from the recently improved and widened Highway 44, ensuring significant exposure to commuters and residents alike. Lot sizes are flexible, catering to a range of development needs, from large-scale retail to smaller office spaces. This property is available for a 1031 exchange, making it an attractive option for investors seeking tax-deferred transactions. The property's location within the thriving Gonzales market (LACDB Sub Market 92) offers strong potential for growth and return on investment. This is a rare chance to acquire a substantial mixed-use development site in a desirable Louisiana location.

Property profile

Verified
Property type Retail properties & Spaces
Total area 366,520 SF
Lot 0.2 ac (8,712 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Highway 44 Gonzales, LA 70737
Gonzales metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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