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    Main St Parks, LA 70582

    For Sale
    $591,800

    Agricultural & Industrial Land, Hwy Frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 53.8-acre tract presents a unique investment opportunity in Saint Martinville, Louisiana. Located on TBD E Main St, with a Saint Martin County address and 70582 zip code, this property boasts approximately 1,000 feet of highway frontage, offering unparalleled visibility. The land is zoned for agricultural and industrial uses, providing flexibility for a variety of development projects. Currently featuring income-producing sugarcane and wooded acreage situated along Bayou Teche, the property offers a blend of established income and future potential. The asking price is $591,800, translating to $11,000 per acre. The property's APN is 1580002764. Essential utilities are readily available, including municipal water and sewer services, as well as electricity. This versatile land parcel is ideally suited for commercial, residential, or multifamily development, making it an attractive proposition for discerning investors seeking a prime location with significant growth potential. The property's location in Parks, LA, offers easy access to Saint Martinville and surrounding areas. Its unique combination of highway frontage, Bayou Teche access, and existing agricultural income makes it a truly exceptional offering.

    Property Features for 0 Main St

    General Information

    Property type
    Farms
    Lot Size
    2,343,528 SF

    HighLights

    • High visibility from street.
    • 1,000 feet of frontage.
    • Electric, water, and sewer utilities available.
    • Municipal water service.
    • Municipal sewer system.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Parks
    County
    Saint Martin
    State
    Louisiana
    Longitude
    -91.8312289
    Latitude
    30.213775

    FAQs

    What type of property is this?
    Farm - Agricultural & Industrial Land, Hwy Frontage
    Where is this farm located?
    The property is located at Main St Parks, LA.
    What is the asking price?
    The asking price for this property is $591,800.
    What are key features of this property?
    This property features: High visibility from street.; 1,000 feet of frontage.; Electric, water, and sewer utilities available.
    Request Owner's contact information
    Main St Parks, LA 70582
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    Parks, LA 70582
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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
    Main St Parks, LA 70582
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