0 Highway 73 Geismar, LA 70734
This exceptional 2.9-acre commercial and industrial land parcel presents a compelling investment opportunity in Geismar, Louisiana. Located in Ascension Industrial Park, Lot 68 boasts a desirable rectangular shape with approximately 200 feet of frontage on Highway 73, offering excellent visibility and accessibility. The property's strategic location provides convenient access to both Highway 30 and Interstate 10, ensuring seamless connectivity for businesses. Zoned for light industrial use, this site is ideally suited for a variety of commercial and industrial developments. The asking price is $760,000, translating to $305,172 per acre. Importantly, the property resides in Flood Zone X, eliminating the need for flood insurance. With a daily traffic count of 7,500 vehicles on Highway 73, this location offers significant exposure to potential customers and employees. The property's APN is 20012325. This prime location and versatile zoning make this a highly attractive investment for businesses seeking a strategic foothold in the thriving Geismar industrial corridor. The property is ready for development and offers significant potential for future growth and profitability. This is a rare opportunity to acquire a well-situated, ready-to-develop industrial lot in a high-traffic 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
Similar Nearby for Sale
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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.