Technical
Financial
Distress signals
Property profile

I-10 Service Rd Iowa, LA 70647

OFF-MARKET
Land
3.22 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 3.22 ac (140,263 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

I-10 Service Rd Iowa, LA 70647
Iowa metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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