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    78043 La-21 Bush, LA 70431

    For Sale
    $1,372,000

    18.84 Acres, Two Parcels, Highway 21 Frontage

    Property size:
    820,670 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 18.84-acre property in Bush, Louisiana, presents a unique investment opportunity. Situated on Highway 21, the land comprises two parcels totaling 820,670 square feet. One parcel, spanning 13.18 acres, is zoned I-2 Industrial and features a substantial 40,092-square-foot open-span building, previously utilized as a horse arena. This offers significant potential for various industrial uses or redevelopment. The second parcel, encompassing 5.64 acres, is zoned L-1 Large Lot Residential, providing ample space for a residential structure or office building. The combined acreage boasts over 1000 feet of highway frontage, ensuring high visibility and accessibility. This strategic location allows for a diverse range of development options, including the possibility of a combined residential/commercial venture – perhaps a home or office on the residential parcel and a business on the industrial parcel. Adding to its appeal, the property includes an active cell tower lease, generating additional income potential. The asking price for this versatile property is $1,372,000. The property's APN is 72634, located at 78043 LA-21, Bush, LA 70431, in St. Tammany Parish.

    Property Features for 78043 La-21

    General Information

    Property type
    Land
    Square Feet
    820,670 SF
    Lot Size
    820,670 SF

    HighLights

    • 18.84‑acre property in Bush, LA, on Highway 21 with 1,000+ feet of frontage.
    • Two parcels: 13.18‑acre I‑2 Industrial zoned parcel with a 40,092 sq ft building, and 5.64‑acre L‑1 Large Lot Residential zoned parcel.
    • Active cell tower lease provides additional income.
    • $1,372,000 asking price.
    • APN 72634, 78043 LA‑21, Bush, LA 70431, St. Tammany Parish.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Bush
    County
    St. Tammany Parish
    State
    Louisiana
    Longitude
    -90.000683
    Latitude
    30.5640099

    Nearby Comparable

    • $290,000
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      Cleared Land in Covington, LA

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    • $550,000
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      Country Living with Rental Income

      Home with rental units, workshop, and recreational spaces on acreage.
      26400 None, Bush, LA 70431
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    Nearby Similar for Sale

    • $550,000
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      Country Living with Rental Income

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    FAQs

    What type of property is this?
    Land - 18.84 Acres, Two Parcels, Highway 21 Frontage
    Where is this land located?
    The property is located at 78043 La-21 Bush, LA.
    What is the asking price?
    The asking price for this property is $1,372,000.
    What are key features of this property?
    This property features: 18.84-acre property in Bush, LA, on Highway 21 with 1,000+ feet of frontage.; Two parcels: 13.18-acre I-2 Industrial zoned parcel with a 40,092 sq ft building, and 5.64-acre L-1 Large Lot Residential zoned parcel.; Active cell tower lease provides additional income.
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    Bush, LA 70431
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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
    78043 La-21 Bush, LA 70431
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