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    2 /- Acres Old Spanish Trl Jeanerette, LA 70560

    Sponsored
    For Sale
    $348,480

    2-Acre Commercial Tract, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2-acre commercial land parcel presents a compelling investment opportunity in Jeanerette, Louisiana. Located at the hard corner of E Old Spanish Trail and Darnall Road, this property is being sold as a single unit and offers significant upside potential for various development projects, including commercial, industrial, or residential uses. The asking price is $348,480, translating to $174,240 per acre. The property's APN is 0203065018 and is zoned A-1. Utilities are readily available, including electricity (Cleco), gas (Atmos), and water (Lawco). Situated in Flood Zone X, the property boasts a ground elevation of approximately 18.5 feet, according to LSU Ag Center mapping. This prime location and versatile zoning make this a highly attractive proposition for developers seeking a strategic foothold in a growing market. The property is priced to be negotiated on a per square foot basis, and additional land may be available for purchase on a per-acre basis. This is a rare opportunity to acquire a significant land holding in a desirable location with excellent utility access. Serious inquiries are encouraged.

    Property Features for 2 /- Acres Old Spanish Trl

    General Information

    Property type
    Land
    Lot Size
    87,120 SF

    HighLights

    • Utilities: Cleco Electric, Atmos Gas, Lawco Water.
    • Flood Zone: X.
    • Ground Elevation: Approximately 18.5 feet (Source: LSU AgCenter Map).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Jeanerette
    County
    Iberia Parish
    State
    Louisiana
    Longitude
    -91.7549835
    Latitude
    29.9768116

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    FAQs

    What type of property is this?
    Land - 2-Acre Commercial Tract, Prime Location
    Where is this land located?
    The property is located at 2 /- Acres Old Spanish Trl Jeanerette, LA.
    What is the asking price?
    The asking price for this property is $348,480.
    What are key features of this property?
    This property features: Utilities: Cleco Electric, Atmos Gas, Lawco Water.; Flood Zone: X.; Ground Elevation: Approximately 18.5 feet (Source: LSU AgCenter Map).
    (337) 262-7873
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    2 /- Acres Old Spanish Trl Jeanerette, LA 70560
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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
    2 /- Acres Old Spanish Trl Jeanerette, LA 70560
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