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    Airline Hwy Saint Amant, LA 70778

    For Lease
    $30,000

    1-18 Acre Industrial Yard Lease in Sorrento, LA

    Lot size:
    797,148 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    Exceptional opportunity to lease industrial land along Airline Highway in Sorrento, Louisiana. This stabilized property offers up to approximately 18.3 acres, divisible to suit tenant needs. A portion of approximately 5.57 acres is currently under lease, expiring at the end of 2024. The remaining acreage is available for immediate lease. The property boasts excellent visibility and connectivity, situated directly on Airline Highway with approximately 26,572 vehicles passing daily. Its strategic location provides easy access to Interstate 10, within a 3-5 minute drive, ensuring efficient transportation links. The lease is a modified gross type, with a current asking price of $2,500 per acre per month. This prime location offers significant potential for businesses seeking high-traffic exposure and convenient access to major transportation arteries in Ascension Parish. The property is zoned for industrial use and is ideal for various storage, distribution, or yard operations. Contact us today to learn more about this exceptional leasing opportunity.

    Property Features for 0 Airline Hwy

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    797,148 SF
    Total Rate
    30000

    Unit(s) available at that property

    Space
    Size
    797,148 SF
    Rate per SF
    $30,000

    HighLights

    • 18.3‑acre stabilized yard remaining from original 23.87 acres.
    • Flexible lease options available, including partial leasing.
    • High visibility location on Airline Hwy with approximately 26,572 vehicles passing daily.
    • Convenient access to I‑10 (3‑5 minute drive).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Saint Amant
    County
    Ascension Parish
    State
    Louisiana
    Longitude
    -90.85377296
    Latitude
    30.19016501

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    FAQs

    What type of property is this?
    Land - 1-18 Acre Industrial Yard Lease in Sorrento, LA
    Where is this land located?
    The property is located at Airline Hwy Saint Amant, LA.
    What is the lease rate?
    The lease rate is $30,000.
    What are key features of this property?
    This property features: 18.3-acre stabilized yard remaining from original 23.87 acres.; Flexible lease options available, including partial leasing.; High visibility location on Airline Hwy with approximately 26,572 vehicles passing daily.
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    Airline Hwy Saint Amant, LA 70778
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    Saint Amant, LA 70778
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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
    Airline Hwy Saint Amant, LA 70778
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