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    New Highway 51 LaPlace, LA 70068

    For Sale
    $6,468,660

    27 Acres, Hwy 51, C-3 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 27-acre commercial land parcel presents a significant development opportunity in LaPlace, Louisiana. Located on New Highway 51, this property boasts a prime location just 10 minutes from Interstate 10, ensuring excellent accessibility and high visibility. The land is zoned C-3, allowing for a wide range of commercial uses. Priced at $6,468,660, or $5.50 per square foot, this represents a compelling value for its size and strategic location. The property is mostly cleared and all utilities, including sewer, are readily available. The large acreage allows for flexibility in development, with the possibility of subdividing the land into smaller tracts to suit various project needs. This presents a unique chance to acquire a substantial commercial land holding in a rapidly growing area. The APN is 0495026101. Serious inquiries are encouraged to explore the full potential of this exceptional investment opportunity in St. John the Baptist Parish, Louisiana, zip code 70068. The property's latitude and longitude coordinates are 30.0887982, -90.4691097 respectively.

    Property Features for 0 New Highway 51

    General Information

    Property type
    Land
    Lot Size
    1,176,120 SF

    HighLights

    • $6,468,660 asking price.
    • 27‑acre commercial land parcel.
    • C‑3 zoning.
    • $5.50/SF land value.
    • All utilities and sewer available.
    • Located on Highway 51, LaPlace, LA 70068.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    LaPlace
    County
    St. John the Baptist Parish
    State
    Louisiana
    Longitude
    -90.4691097
    Latitude
    30.0887982

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    FAQs

    What type of property is this?
    Land - 27 Acres, Hwy 51, C-3 Zoning
    Where is this land located?
    The property is located at New Highway 51 LaPlace, LA.
    What is the asking price?
    The asking price for this property is $6,468,660.
    What are key features of this property?
    This property features: $6,468,660 asking price.; 27-acre commercial land parcel.; C-3 zoning.
    Request Owner's contact information
    New Highway 51 LaPlace, LA 70068
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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
    New Highway 51 LaPlace, LA 70068
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