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    9365 Airline Hwy Sorrento, LA 70778

    For Lease
    $30,000

    Sorrento, LA: Up to 7.83 acres available.

    Lot size:
    339,768 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional industrial land lease opportunity presents up to 7.83 acres of strategically located land along Airline Highway in Sorrento, Louisiana. Approximately 3.8 acres are currently undeveloped, offering flexibility for various industrial uses. The property is available for lease as a whole or in sections, providing options for businesses of varying sizes. Currently priced at $2,500 per acre per month, this modified gross lease offers excellent value. The site boasts exceptional visibility and accessibility from Airline Highway, ensuring high exposure to a significant volume of traffic. Its prime location provides convenient access to Interstate 10, within approximately 15 minutes, facilitating efficient transportation and logistics. The property is situated in Ascension Parish, Louisiana, with a precise address of 9365 Airline Hwy, Sorrento, LA 70778. This location offers significant advantages for businesses seeking a high-traffic, easily accessible industrial site in a growing area. The lease terms are structured as a modified gross lease, providing clarity and simplicity for tenants. This is a rare opportunity to secure a well-positioned industrial yard in a desirable location. Contact us today to learn more about this exceptional property and its leasing options.

    Property Features for 9365 Airline Hwy

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    339,768 SF
    Total Rate
    30000

    Unit(s) available at that property

    Space
    Size
    339,768 SF
    Rate per SF
    $30,000

    HighLights

    • ±7.83‑acre industrial land lease in Sorrento, LA.
    • ±3.8 acres undeveloped, offering flexibility.
    • Lease available for the entire site or in sections.
    • Modified gross lease at $2,500/acre/month.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Building Supply Wholesale Shop Auto Repair Shop Auto Parts Store Department Store Food Market Grocery Store Bar & Pub

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sorrento
    County
    Ascension Parish
    State
    Louisiana
    Longitude
    -90.87074969
    Latitude
    30.20325967

    Nearby Comparable

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    FAQs

    What type of property is this?
    Land - Sorrento, LA: Up to 7.83 acres available.
    Where is this land located?
    The property is located at 9365 Airline Hwy Sorrento, LA.
    What is the lease rate?
    The lease rate is $30,000.
    What are key features of this property?
    This property features: ±7.83-acre industrial land lease in Sorrento, LA.; ±3.8 acres undeveloped, offering flexibility.; Lease available for the entire site or in sections.
    Request Owner's contact information
    9365 Airline Hwy Sorrento, LA 70778
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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
    9365 Airline Hwy Sorrento, LA 70778
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