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    10 & Belle Terre Blvd LaPlace, LA 70068

    Sponsored
    For Sale
    $10,500,000

    49 Acres, Prime I-10 Location, $10.5M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 49.25-acre commercial land parcel presents a significant development opportunity in Laplace, Louisiana. Strategically located at the southeast interchange of Interstate 10 and Belle Terre Boulevard, this property boasts high visibility and accessibility, with over 49,000 vehicles passing daily. The site is ideally situated between established residential areas like St. Andrews Estates and the Fairfield Inn & Suites by Marriott, ensuring a strong customer base. The property is zoned C-1 and C-3, offering flexibility for a variety of commercial uses. Parcel B2 is zoned C-3, while Parcels B3 and B4 are zoned C-3 north of Woodland Drive and C-1 south of Woodland Drive. Existing utilities are in place, and the site is fully prepared for immediate development. Importantly, Woodland Drive is fully designed and permitted by the parish. Environmental permits and wetlands mitigation are already secured, streamlining the development process. The asking price is $10,500,000, translating to $213,198 per acre. All measurements are approximate and should be independently verified. Zoning and intended use should also be verified by the purchaser. This is a rare opportunity to acquire a fully entitled, ready-to-develop commercial site in a high-traffic location.

    Property Features for 10 & Belle Terre Blvd

    General Information

    Property type
    Land
    Lot Size
    2,145,330 SF

    HighLights

    • $10,500,000 asking price.
    • 49.25 acres of commercially zoned land.
    • C‑1 and C‑3 zoning.
    • Located at the I‑10 and Belle Terre Blvd interchange in Laplace, LA.
    • $213,198 per acre land value.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    LaPlace
    County
    St John The Baptist
    State
    Louisiana
    Longitude
    -90.427603
    Latitude
    30.0843487

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    FAQs

    What type of property is this?
    Land - 49 Acres, Prime I-10 Location, $10.5M
    Where is this land located?
    The property is located at 10 & Belle Terre Blvd LaPlace, LA.
    What is the asking price?
    The asking price for this property is $10,500,000.
    What are key features of this property?
    This property features: $10,500,000 asking price.; 49.25 acres of commercially zoned land.; C-1 and C-3 zoning.
    Request Owner's contact information
    10 & Belle Terre Blvd LaPlace, LA 70068
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    LaPlace, LA 70068
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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
    10 & Belle Terre Blvd LaPlace, LA 70068
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