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Property profile & analytics
OFF-MARKET
Commercial real estate

I-49 Natchitoches, LA 71457

23.85 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 23.85-acre commercial property boasts 589 feet of road frontage on Highway LA-504, offering unparalleled visibility and accessibility. Strategically located east of Natchitoches, near the I-49 and University Parkway exit, this site benefits from high traffic counts and proximity to a newly constructed Hebert Jeep Chrysler Dodge Ram dealership. The property's Commercial B3 zoning allows for a diverse range of uses, including retail, restaurants, and office spaces, making it an ideal investment opportunity. Utilities are readily available at the street, including SWEPCO electric, Atmos gas, city water, and sewer. Adding to its income potential, an existing billboard on the west property line generates an annual revenue of $3,000, offering a consistent return on investment. Mineral rights will transfer to the buyer. Importantly, this property is not located within a flood zone, mitigating risk. For those seeking an even larger footprint, two adjacent commercial lots totaling 5.24 acres are available for purchase, adding another 557 feet of road frontage and significantly expanding development possibilities. This presents a unique chance to acquire a substantial commercial parcel in a thriving area with excellent visibility and diverse development potential. The asking price for this exceptional opportunity is $960,000.

Property profile
Verified
Property type Commercial real estate
Lot 23.85 ac (1,038,906 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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