106 Myrtle St Amite, LA 70422
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.