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Property profile & analytics
OFF-MARKET
Land

0 New Highway 51 LaPlace, LA 70068

27 ac lot
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Land
Lot 27 ac (1,176,120 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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