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    Highway 30 Geismar, LA 70734

    For Sale
    $1,360,000

    Prime 8.26-acre industrial tract in Geismar, LA.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 8.26-acre industrial land parcel, located on Highway 30 near Highway 73 in Geismar, Louisiana, presents a unique investment opportunity. Zoned I-1, this property is ideally situated within the thriving industrial corridor, benefiting from proximity to major players such as BASF, Chevron, Methanex, Shell, and Total Energies. The asking price is $1,360,000, translating to $164,649 per acre. A significant advantage is that the wetlands delineation has already been completed, and a 404 permit has been secured by the owner, streamlining the development process. Geismar's established position as a central hub for petrochemical and industrial activities, encompassing chemical manufacturing, refining, and related industries, ensures strong potential for future growth and return on investment. The property's location offers easy access to key transportation routes, further enhancing its appeal for industrial development. This is a rare opportunity to acquire a fully permitted and strategically located industrial site in a high-demand area. The list price per square foot is $3.78. The property is located in Ascension Parish, Louisiana, with a zip code of 70734.

    Property Features for 0 Highway 30

    General Information

    Property type
    Land
    Lot Size
    359,806 SF

    HighLights

    • 8.26‑acre industrial land parcel in Geismar, LA, zoned I‑1.
    • $1,360,000 asking price ($164,649/acre, $3.78/SF).
    • Located on Highway 30 near Highway 73, near BASF, Chevron, Methanex, Shell, and Total Energies.
    • Wetlands delineation complete; 404 permit secured.
    • Located in Ascension Parish, LA, zip code 70734.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Geismar
    County
    Ascension Parish
    State
    Louisiana
    Longitude
    -91.0083047
    Latitude
    30.220897

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    FAQs

    What type of property is this?
    Land - Prime 8.26-acre industrial tract in Geismar, LA.
    Where is this land located?
    The property is located at Highway 30 Geismar, LA.
    What is the asking price?
    The asking price for this property is $1,360,000.
    What are key features of this property?
    This property features: 8.26-acre industrial land parcel in Geismar, LA, zoned I-1.; $1,360,000 asking price ($164,649/acre, $3.78/SF).; Located on Highway 30 near Highway 73, near BASF, Chevron, Methanex, Shell, and Total Energies.
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    Highway 30 Geismar, LA 70734
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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
    Highway 30 Geismar, LA 70734
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