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    OFF-MARKET
    Commercial real estate

    78043 Hwy 21 Hwy, Bush, LA 70431

    40,092 SF 18.84 ac lot Built 1990
    Property ID
    Property summary
    AI-generated overview

    This exceptional 18.84-acre property in Bush, Louisiana presents a unique investment opportunity. The land is comprised of two parcels sold together, offering significant frontage along Highway 21 exceeding 1000 feet. A substantial 40,092 square foot building, previously utilized as a horse arena, sits on 13.18 acres zoned I-2 Industrial. This expansive structure offers versatile potential for various commercial uses. The remaining 5.64 acres are zoned L-1 Large Lot Residential, providing the possibility of developing a home or office space, creating a seamless blend of residential and commercial functionality. The high visibility location on Highway 21 ensures excellent exposure for any business. The combination of ample land, a large existing building, and flexible zoning makes this property ideal for a diverse range of entrepreneurial ventures. This is a rare chance to acquire a substantial holding with significant development potential in a desirable location. The property's size and zoning flexibility offer numerous possibilities for both immediate use and future expansion. Consider the potential for a mixed-use development, combining residential and commercial elements to maximize the return on investment. The existing building's substantial size provides a solid foundation for a variety of commercial operations.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1990
    Total area 40,092 SF
    Lot 18.84 ac (820,670 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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