I-10 Service Rd, Iowa, LA 70647
This exceptional 3.22-acre property presents a unique redevelopment opportunity in Iowa, Louisiana. Strategically located on I-10 Service Road near the Highway 383 exit, this high-visibility site boasts significant traffic flow, ensuring maximum exposure for any commercial venture. The land is divided into nine 2-acre tracts, offering flexibility for various development plans. City water and sewage are readily available, simplifying infrastructure needs. The property's prime location makes it ideal for a diverse range of commercial uses, including hotels, restaurants, strip malls, or flea markets. Its high visibility and convenient access to a major interstate make it a rare find in the area. The current asking price is $900,000. While the listing currently encompasses 3.22 acres, the seller indicates the possibility of acquiring additional acreage, providing further expansion potential for ambitious projects. This is a truly exceptional opportunity to capitalize on a high-traffic location with significant development potential in a growing area. The property is zoned for commercial use and is ready for immediate development. Detailed site plans and zoning information are available upon request. Don't miss this chance to secure a prime piece of Louisiana real estate.
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.