0 Main St Parks, LA 70582
This exceptional 53.8-acre tract presents a unique investment opportunity in Saint Martinville, Louisiana. Located on TBD E Main St, with a Saint Martin County address and 70582 zip code, this property boasts approximately 1,000 feet of highway frontage, offering unparalleled visibility. The land is zoned for agricultural and industrial uses, providing flexibility for a variety of development projects. Currently featuring income-producing sugarcane and wooded acreage situated along Bayou Teche, the property offers a blend of established income and future potential. The asking price is $591,800, translating to $11,000 per acre. The property's APN is 1580002764. Essential utilities are readily available, including municipal water and sewer services, as well as electricity. This versatile land parcel is ideally suited for commercial, residential, or multifamily development, making it an attractive proposition for discerning investors seeking a prime location with significant growth potential. The property's location in Parks, LA, offers easy access to Saint Martinville and surrounding areas. Its unique combination of highway frontage, Bayou Teche access, and existing agricultural income makes it a truly exceptional offering.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.