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    37218 Chess Bankston Rd Franklinton, LA 70438

    Sponsored
    For Sale
    $15,000,000

    1,500 Acres, Prime Development Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1,500-acre property near Franklinton, Louisiana, presents a compelling investment opportunity. Strategically located along LA 10 and LA 450, ensuring convenient access, this expansive land boasts a diverse landscape of rolling hills and multiple water sources. Situated above the floodplain, it offers both scenic beauty and development stability. The property's size and varied terrain lend themselves to a multitude of uses, including large-scale residential development, industrial ventures, or sustainable energy projects such as a solar farm, capitalizing on Louisiana's abundant sunshine. The rich history of farming in the area and the presence of diverse wildlife further enhance the property's potential. Its substantial acreage and advantageous location make it an ideal platform for significant future growth and innovation. The asking price is $15,000,000. This versatile land offers a solid foundation for a wide range of ambitious projects. The property is classified as both farm and industrial land, providing flexibility for diverse development plans.

    Property Features for 37218 Chess Bankston Rd

    General Information

    Property type
    Farms
    Lot Size
    65,340,000 SF

    HighLights

    • $15,000,000 asking price.
    • 1,500‑acre land parcel.
    • Located in Franklinton, LA, near LA 10 and LA 450.
    • Suitable for residential, industrial, or solar development.
    • Features rolling hills, multiple water sources, and is above the floodplain.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Franklinton
    County
    Washington
    State
    Louisiana
    Longitude
    -90.1120696
    Latitude
    30.8498462

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    FAQs

    What type of property is this?
    Farm - 1,500 Acres, Prime Development Opportunity
    Where is this farm located?
    The property is located at 37218 Chess Bankston Rd Franklinton, LA.
    What is the asking price?
    The asking price for this property is $15,000,000.
    What are key features of this property?
    This property features: $15,000,000 asking price.; 1,500-acre land parcel.; Located in Franklinton, LA, near LA 10 and LA 450.
    Request Owner's contact information
    37218 Chess Bankston Rd Franklinton, LA 70438
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    Franklinton, LA 70438
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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
    37218 Chess Bankston Rd Franklinton, LA 70438
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