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    70457 La-59 Abita Springs, LA 70420

    Sponsored
    For Sale
    $838,530

    Prime 3.4-3.5 acre industrial lot. Highway frontage.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 3.4 to 3.5-acre industrial land parcel, identified as Block 30, presents a compelling investment opportunity in Abita Springs, Louisiana. Strategically located along Highway 59, the property boasts approximately 500 feet of valuable road frontage, enhancing accessibility and visibility. The lot's shape is irregular. Zoning is primarily HC2, with a small portion in the northern area designated I-2. The final sale price will be calculated based on a buyer's final survey at a rate of $5.50 per square foot. It's important to note that while there is an additional square parcel at the rear, access to this area would require separate purchase from another seller. All measurements are approximate and not guaranteed. The property is situated in Flood Zone X. This prime location and flexible zoning make this an ideal site for a variety of industrial uses. Serious inquiries are encouraged.

    Property Features for 70457 La-59

    General Information

    Property type
    Land
    Lot Size
    148,104 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Abita Springs
    County
    St Tammany Parish
    State
    Louisiana
    Longitude
    -90.04074318054
    Latitude
    30.456537836596

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    FAQs

    What type of property is this?
    Land - Prime 3.4-3.5 acre industrial lot. Highway frontage.
    Where is this land located?
    The property is located at 70457 La-59 Abita Springs, LA.
    What is the asking price?
    The asking price for this property is $838,530.
    Request Owner's contact information
    70457 La-59 Abita Springs, LA 70420
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    70457 La-59
    Abita Springs, LA 70420
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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
    70457 La-59 Abita Springs, LA 70420
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