Technical
Financial
Distress signals
Property profile

I-10 Service Rd Iowa, LA 70647

OFF-MARKET
Land
1.98 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 1.98 ac (86,249 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

I-10 Service Rd Iowa, LA 70647
Iowa metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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