I-10 Service Rd, Iowa, LA 70647
This exceptional 1.98-acre parcel of agricultural land is strategically located on I-10 Service Road, Lot 8, in Iowa, Louisiana, zip code 70647, within Jefferson Parish. The property boasts high visibility and significant traffic due to its I-10 frontage near the Highway 383 exit, making it an ideal location for a variety of commercial ventures. Currently subdivided into nine 2-acre tracts, this land offers significant development potential. Imagine the possibilities: a hotel, restaurant, strip mall, or even a bustling flea market could thrive in this high-traffic area. The property's existing infrastructure includes access to city water and sewage, simplifying development and reducing upfront costs. This is a rare opportunity to acquire a substantial piece of land with excellent accessibility and high visibility. The strategic location offers unparalleled exposure to a large volume of daily commuters and travelers. Furthermore, the potential for expansion exists, with additional acreage available on both sides of the property, presenting opportunities for future growth and development. This property is priced at $800,000 and represents a unique investment opportunity in a prime location.
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.
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.