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Property profile & analytics
OFF-MARKET
Commercial real estate

106 Myrtle St Amite, LA 70422

15,574 SF 0.36 ac lot
Property ID
Property summary
AI-generated overview

This exceptional .36-acre commercial lot, located at 106 S MYRTLE Street in Amite, Louisiana, presents a unique investment opportunity. Zoned C1, this undeveloped, wooded property boasts 15,574 square feet and is ideally situated in the heart of Amite, just steps from Highway 16's conveniences. The property benefits from its proximity to established businesses and newly renovated residences, indicating a thriving and growing area. Amite's rich history and its position as the seat of Tangipahoa Parish, with the courthouse located just one block away, adds to its appeal. The strategic location offers easy access to New Orleans, Baton Rouge, and the Mississippi state line, making it an attractive location for various commercial ventures. The property is situated in flood zone X. While the Tangipahoa River is a few blocks away, this location offers the benefit of being in a designated flood zone X. The seller is an LLC. The closing must be conducted through Audubon Title in New Orleans. Please note that there is no sign on the property. Allow up to 24 hours for response to inquiries and offers. This is a rare chance to acquire a significant commercial parcel in a rapidly developing area.

Property profile
Verified
Property type Commercial real estate
Total area 15,574 SF
Lot 0.36 ac (15,682 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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