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    Milton Rd Maurice, LA 70555

    For Sale
    $717,570

    Prime commercial land, high visibility, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 7.97-acre parcel presents a remarkable investment opportunity in Maurice, Louisiana. Located on Milton Rd, this commercially zoned land boasts over 260 feet of road frontage, ensuring excellent visibility and accessibility. Its strategic position less than a quarter mile from US Highway 167 offers unparalleled exposure to significant traffic volumes. 2023 traffic counts reveal 7,929 vehicles daily on LA Highway 92 and an impressive 17,915 vehicles daily on US Highway 167, providing substantial potential for any commercial venture. The commercial zoning allows for diverse development options, including retail, office spaces, and higher-density residential projects. This property is situated in Maurice, one of Louisiana's fastest-growing communities, making it an ideal location to capitalize on the area's ongoing expansion and increasing population. The substantial lot size and prime location combine to create a unique opportunity for investors seeking significant returns in a thriving market. This is a rare chance to acquire a large, strategically located parcel of land in a rapidly developing area. Don't miss this chance to secure your piece of Maurice's future. The asking price is $717,570. The property is located in Vermilion Parish, Louisiana, zip code 70555.

    Property Features for 0 Milton Rd

    General Information

    Property type
    Land
    Lot Size
    347,304 SF

    HighLights

    • $717,570 asking price.
    • 7.97 acres of commercially zoned land.
    • Located in Maurice, LA, near US Hwy 167 and LA Hwy 92.
    • Offers over 260 feet of road frontage with excellent visibility.
    • Suitable for retail, office, and higher‑density residential development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Maurice
    County
    Vermilion Parish
    State
    Louisiana
    Longitude
    -92.12010886226
    Latitude
    30.102547632102

    Nearby Comparable

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      Maurice Commercial Land - 8.74 Acres

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    FAQs

    What type of property is this?
    Land - Prime commercial land, high visibility, ideal for development.
    Where is this land located?
    The property is located at Milton Rd Maurice, LA.
    What is the asking price?
    The asking price for this property is $717,570.
    What are key features of this property?
    This property features: $717,570 asking price.; 7.97 acres of commercially zoned land.; Located in Maurice, LA, near US Hwy 167 and LA Hwy 92.
    Request Owner's contact information
    Milton Rd Maurice, LA 70555
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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
    Milton Rd Maurice, LA 70555
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