Listing Agency: ABEK Real Estate l***@gmail.com Show Phone

Listed By: Larry Haik jr · License #LA 000036766

Source: Crexi

Added: Jun 22, 2021 Changed: Aug 8 Last Checked: Aug 11 at 10:06AM

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Investment Insights

Based on property information with market context.

This corner site is located on W. Porters River Rd. and is suitable for hotel or retail development. The site can be divided into 1, 2, 3, 4, or 5-acre parcels. City services are available.

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Auto Repair Shop Real Estate Agency Bakery Pharmacy Kitchen & Bath Showroom Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

154

Businesses Nearby

84k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 50% Dining 48% Hotels & Casinos 2%

Circle K Shops & Services

20,802 visits/mo 0.2 miles

McDonald's Dining

18,163 visits/mo 0.3 miles

Texaco Shops & Services

8,578 visits/mo 0.2 miles

Taco Bell Dining

8,552 visits/mo 0.3 miles

SONIC Drive In Dining

7,788 visits/mo 0.5 miles

Demographics for 70452, LA

13,187

Population

5,535

Households

2.4

Avg Household Size

43

Median Age

25%

College-Educated

84%

High-School Grad

99.2 sq mi

ZIP Area

133

Density / Sq Mi

$62,046

Median Household Income

$41,343

Median Earnings

$858

Median Rent

$219,900

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Commercial land - Ideal hotel or retail site with city services available.

Where is this commercial land located?

The property is located at 5 Military Rd Pearl River, LA.

What is the asking price?

The asking price for this property is $991,200.