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    Tbd Main Hwy Saint Martinville, LA 70582

    For Sale
    $973,200

    194 Acres, Hwy Frontage, Development Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 194.34-acre property presents a unique investment opportunity in St. Martin Parish, Louisiana. Located just outside of St. Martinville, this expansive tract boasts significant frontage on both Highway 31 and Leed Champagne Road, offering excellent accessibility and visibility. Currently utilized as farmland, the land is versatile and presents potential for various development projects, allowing for flexibility in future use. The open acreage provides ample space for a range of possibilities, from agricultural expansion to residential or commercial development, subject to local zoning regulations. The property's strategic location offers convenient access to St. Martinville's amenities while maintaining a tranquil rural setting. The asking price for this substantial land parcel is $973,200. Detailed surveys and environmental reports are available upon request. This is an exceptional opportunity to acquire a large, well-situated tract of land with significant potential for future growth and development. The address is listed as TBD Main Highway, St. Martinville, LA 70582. Serious inquiries only.

    Property Features for 0 Tbd Main Hwy

    General Information

    Property type
    Land

    HighLights

    • $973,200 asking price.
    • 194.34‑acre land parcel in St. Martinville, LA.
    • Located in St. Martin Parish, zip code 70582.
    • Frontage on Hwy 31 and Leed Champagne Rd.
    • Suitable for development or continued farming.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Saint Martinville
    County
    St. Martin Parish
    State
    Louisiana
    Longitude
    -91.8212639
    Latitude
    30.1557456

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    FAQs

    What type of property is this?
    Land - 194 Acres, Hwy Frontage, Development Potential
    Where is this land located?
    The property is located at Tbd Main Hwy Saint Martinville, LA.
    What is the asking price?
    The asking price for this property is $973,200.
    What are key features of this property?
    This property features: $973,200 asking price.; 194.34-acre land parcel in St. Martinville, LA.; Located in St. Martin Parish, zip code 70582.
    Request Owner's contact information
    Tbd Main Hwy Saint Martinville, LA 70582
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    Saint Martinville, LA 70582
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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
    Tbd Main Hwy Saint Martinville, LA 70582
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