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    Us-190 Port Allen, LA 70767

    Sponsored
    For Sale
    $1,617,000

    Port Allen, LA industrial land, excellent investment.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 33-acre industrial land parcel, identified by APN 045000000100, is strategically located in Port Allen, Louisiana, on US-190, zip code 70767, within West Baton Rouge Parish. Zoned I-1, this property presents a compelling investment opportunity, priced at $1,617,000, or $49,000 per acre. The land encompasses 1,437,480 square feet, translating to a price per square foot of $1.12 USD. Its advantageous location offers significant benefits. The site's proximity to the Port of South Louisiana and the Mississippi River places it within a thriving industrial corridor, home to numerous refineries, extensive warehousing facilities, and a variety of industrial service companies. Furthermore, this property is situated within an Opportunity Zone, potentially unlocking attractive tax incentives for qualified investors. This presents a unique chance to acquire a substantial land holding in a high-demand industrial area, benefiting from both strategic location and potential tax advantages. The coordinates for this property are latitude 30.5123298 and longitude -91.3454122.

    Property Features for 0 Us-190

    General Information

    Property type
    Land
    Lot Size
    1,437,480 SF

    HighLights

    • Price: $1.12 per square foot.
    • Land Area: 1,437,480 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Port Allen
    County
    West Baton Rouge
    State
    Louisiana
    Longitude
    -91.3454122
    Latitude
    30.5123298

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    FAQs

    What type of property is this?
    Land - Port Allen, LA industrial land, excellent investment.
    Where is this land located?
    The property is located at Us-190 Port Allen, LA.
    What is the asking price?
    The asking price for this property is $1,617,000.
    What are key features of this property?
    This property features: Price: $1.12 per square foot.; Land Area: 1,437,480 square feet.;
    Request Owner's contact information
    Us-190 Port Allen, LA 70767
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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
    Us-190 Port Allen, LA 70767
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