2080 I-49 Frontage Rd Opelousas, LA 70570
This exceptional 24-26 acre tract of land, located at 2080 I-49 Frontage Road in Opelousas, Louisiana (zip code 70570), presents a unique investment opportunity. Situated directly across from C&G Containers and near the intersection of I-49 and Highway 93, this property boasts unparalleled visibility and accessibility. With an estimated 60,000 cars passing daily, this location is ideal for a variety of commercial ventures. The land's zoning is currently unlisted, offering flexibility for diverse development plans. The property's size and location make it suitable for commercial development along the I-49 frontage, while the rear portion lends itself to residential development, including potential RV parks or even a horse farm given its proximity to a racetrack. The asking price is $735,000, translating to approximately $30,000 per square foot. This land offers significant potential for substantial returns, making it an attractive proposition for both experienced and emerging developers. The property is being offered for sale by owner. The land is partially wooded and features beautiful trees.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.