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    Highway 73 Geismar, LA 70734

    For Sale
    $760,000

    2.9-Acre Industrial Lot, Hwy 73 Frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 2.9-acre commercial and industrial land parcel presents a compelling investment opportunity in Geismar, Louisiana. Located in Ascension Industrial Park, Lot 68 boasts a desirable rectangular shape with approximately 200 feet of frontage on Highway 73, offering excellent visibility and accessibility. The property's strategic location provides convenient access to both Highway 30 and Interstate 10, ensuring seamless connectivity for businesses. Zoned for light industrial use, this site is ideally suited for a variety of commercial and industrial developments. The asking price is $760,000, translating to $305,172 per acre. Importantly, the property resides in Flood Zone X, eliminating the need for flood insurance. With a daily traffic count of 7,500 vehicles on Highway 73, this location offers significant exposure to potential customers and employees. The property's APN is 20012325. This prime location and versatile zoning make this a highly attractive investment for businesses seeking a strategic foothold in the thriving Geismar industrial corridor. The property is ready for development and offers significant potential for future growth and profitability. This is a rare opportunity to acquire a well-situated, ready-to-develop industrial lot in a high-traffic area.

    Property Features for 0 Highway 73

    General Information

    Property type
    Land
    Lot Size
    126,324 SF

    HighLights

    • High‑visibility location near the intersection of Hwy 73 and Hwy 30.
    • 200 feet of frontage on Hwy 73.
    • Light Industrial zoning.
    • Located in a Flood Zone X (minimal flood risk).
    • 7,500 vehicles per day traffic count.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Geismar
    County
    Ascension Parish
    State
    Louisiana
    Longitude
    -90.9950125
    Latitude
    30.2307055

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    FAQs

    What type of property is this?
    Land - 2.9-Acre Industrial Lot, Hwy 73 Frontage
    Where is this land located?
    The property is located at Highway 73 Geismar, LA.
    What is the asking price?
    The asking price for this property is $760,000.
    What are key features of this property?
    This property features: High-visibility location near the intersection of Hwy 73 and Hwy 30.; 200 feet of frontage on Hwy 73.; Light Industrial zoning.
    Request Owner's contact information
    Highway 73 Geismar, LA 70734
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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
    Highway 73 Geismar, LA 70734
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