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Property profile & analytics
OFF-MARKET
Land

0 Highway 73 Geismar, LA 70734

2.9 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 2.9 ac (126,324 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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