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    42728 La-42 Prairieville, LA 70769

    For Sale
    $500,000

    5.2 Acres, Prime Prairieville Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 5.229-acre property presents a unique investment opportunity in the thriving Prairieville, Louisiana market. Situated on the north side of Highway 42, this land boasts significant frontage (280 feet) along the highway, offering excellent visibility and accessibility. The property comprises two separate lots totaling 5.229 acres (3.755 acres and 1.474 acres respectively), providing flexibility for development. Located just 5.7 miles east of Airline Highway and 300 feet east of Manchac Point Road, this location benefits from proximity to established residential areas and convenient access to major roadways. The lot depth varies, measuring 1,362 feet along the western edge and 747 feet along the eastern edge. The majority of the land is flat and features mature oak trees, creating a picturesque setting. A significant highlight is the approximately 678 feet of Amite River frontage at the rear of the property, where the land gently slopes down approximately 15 feet. Currently zoned Conservation, allowing for low-intensity residential development, this property offers substantial potential for various uses, capitalizing on the rapid growth of Ascension Parish and its desirable location. The property's APN is 6650800. The asking price is $500,000, translating to approximately $95,602 per acre.

    Property Features for 42728 La-42

    General Information

    Property type
    Land
    Lot Size
    227,775 SF

    HighLights

    • 5.229‑acre site comprised of two parcels.
    • 678 feet of Amite River frontage.
    • Prime location in rapidly developing Ascension Parish, near new residential communities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Prairieville
    County
    Ascension Parish
    State
    Louisiana
    Longitude
    -90.8901787
    Latitude
    30.3433506

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    FAQs

    What type of property is this?
    Land - 5.2 Acres, Prime Prairieville Location
    Where is this land located?
    The property is located at 42728 La-42 Prairieville, LA.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: 5.229-acre site comprised of two parcels.; 678 feet of Amite River frontage.; Prime location in rapidly developing Ascension Parish, near new residential communities.
    (225) 237-3348
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    42728 La-42 Prairieville, LA 70769
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    Prairieville, LA 70769
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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
    42728 La-42 Prairieville, LA 70769
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