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    5409 University Pkwy Natchitoches, LA 71457

    Sponsored
    For Sale
    $841,579

    Prime 1.93-acre commercial lot, high visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.93-acre commercial land parcel presents a remarkable investment opportunity in Natchitoches, Louisiana. Located at 5409 University Parkway, this property boasts a highly desirable location with excellent visibility and high traffic counts. Zoned for COMMERCIAL use, the possibilities are vast, encompassing a wide range of development options. The site's strategic placement next to a Burger King on the west side of Interstate 49 ensures significant exposure to a substantial daily traffic volume. Ideal for a variety of commercial ventures, including hotels, restaurants, retail establishments, or even a gas station, this property offers unparalleled potential for growth and profitability. The asking price is $841,579. The property is privately owned and situated in Natchitoches Parish, Louisiana, with a zip code of 71457. This is a rare chance to acquire a prime commercial lot in a thriving location. Don't miss this opportunity to secure a piece of Natchitoches' vibrant commercial landscape.

    Property Features for 5409 University Pkwy

    General Information

    Property type
    Land
    Lot Size
    84,071 SF

    HighLights

    • $841,579 asking price for 1.93 acres of commercially zoned land.
    • Located in Natchitoches, LA, at 5409 University Pkwy, 71457.
    • High traffic, high visibility location.
    • Suitable for hotel, restaurant, retail, or gas station development.
    • Adjacent to Burger King, west of I‑49.
    Property Profile Location Intelligence

    Current Use by Public Records

    Burger King Restaurant

    Suggested Use

    Restaurant Auto Repair Shop Auto Parts Store Food Market Hotel & Motel Cafe & Coffee Shop Convenience Store Smoke and Vape Shop Arcade & Gaming Center Italian Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    Natchitoches
    County
    Natchitoches Parish
    State
    Louisiana
    Longitude
    -93.161587562476
    Latitude
    31.725941014598

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    FAQs

    What type of property is this?
    Land - Prime 1.93-acre commercial lot, high visibility.
    Where is this land located?
    The property is located at 5409 University Pkwy Natchitoches, LA.
    What is the asking price?
    The asking price for this property is $841,579.
    What are key features of this property?
    This property features: $841,579 asking price for 1.93 acres of commercially zoned land.; Located in Natchitoches, LA, at 5409 University Pkwy, 71457.; High traffic, high visibility location.
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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
    5409 University Pkwy Natchitoches, LA 71457
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