0 New Highway 51 LaPlace, LA 70068
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.