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    2284 Highway 662 Morgan City, LA 70380

    For Sale
    $350,000

    Three Warehouses, Bayou Frontage, Amelia, LA

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional commercial property, located at 2284 Hwy 662 in Amelia, Louisiana, presents a unique investment opportunity. The site boasts three substantial warehouse buildings, ideal for various commercial uses. One warehouse includes an office space equipped with two half-bathrooms, providing convenient workspace. Another warehouse features a bathroom with multiple stalls. A third, newer building offers an added advantage: an 800-square-foot apartment complete with central heating and air conditioning. This versatile property extends beyond the buildings themselves. It offers significant waterfront access with 700 feet of frontage along Bayou Boeuf, providing ample potential for water-dependent businesses. The land extends across Highway 662 and continues for an additional 3,000 feet along Highway 182, offering substantial acreage for expansion or development. The property is situated in St. Mary Parish near the old McDermott yard in Amelia, LA, zip code 70380. Note that a mobile home on the property is not included in the sale. The asking price for this expansive commercial property is $350,000.

    Property Features for 2284 Highway 662

    General Information

    Property type
    Land

    HighLights

    • Three warehouse buildings suitable for various commercial uses.
    • One warehouse includes an office with two half‑baths.
    • Another warehouse features a multi‑stall bathroom.
    • A newer warehouse building contains an 800 sq ft apartment with central HVAC.
    • 700 ft of Bayou Boeuf waterfront access.
    • Additional 3,000 ft of frontage along Hwy 182, significant acreage for expansion.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Dental Office Building Supply Wholesale Shop Auto Repair Shop Hotel & Motel Auto Parts Store Department Store Kitchen & Bath Food Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Morgan City
    County
    St. Mary Parish
    State
    Louisiana
    Longitude
    -91.0926315
    Latitude
    29.662527

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    FAQs

    What type of property is this?
    Land - Three Warehouses, Bayou Frontage, Amelia, LA
    Where is this land located?
    The property is located at 2284 Highway 662 Morgan City, LA.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: Three warehouse buildings suitable for various commercial uses.; One warehouse includes an office with two half-baths.; Another warehouse features a multi-stall bathroom.
    Request Owner's contact information
    2284 Highway 662 Morgan City, LA 70380
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    Morgan City, LA 70380
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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
    2284 Highway 662 Morgan City, LA 70380
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