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    OFF-MARKET
    Warehouses

    Mile 141.5 Bank Riv, LaPlace, LA 70068

    8,450,640 SF 194 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional industrial property, located in LaPlace, Louisiana (zip code 70068), presents a significant investment opportunity. Encompassing approximately 194 acres on the West Bank River Mile 141.5, this site boasts 8,450,640 square feet of manufacturing and warehouse space, priced at $1.20 per square foot. The property features direct access to the Mississippi River, offering a deep draft (50' at barge dock, 42' at low river) ideal for large-scale import/export operations. A previously engineered barge dock (plans available) complements the existing Class 1 Union Pacific rail access and on-site refined products pipeline. The site's strategic location between Baton Rouge and New Orleans provides easy access to the US Gulf Coast industrial complex and the global market via the Gulf of Mexico. Detailed wetland assessments are available, indicating minimal jurisdictional wetlands. State Highway 18 provides convenient road access. This turnkey operation offers immediate potential for significant returns. The property is being offered for sale by owner at $10,100,000.

    Property profile
    Verified
    Property type Warehouses
    Total area 8,450,640 SF
    Lot 194 ac (8,450,640 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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