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Property profile & analytics
OFF-MARKET
Commercial real estate

11066 Ln Hwy Geismar, LA 70734

4.95 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 4.95-acre parcel presents a unique investment opportunity in the thriving Geismar, Louisiana market. Currently zoned residential, the property boasts over 309 feet of highway frontage along LA Highway 73, providing excellent visibility and accessibility. The expansive acreage offers significant potential for development, with the possibility of subdivision into multiple sites, subject to the necessary approvals from relevant governmental authorities. The sellers are actively engaged in facilitating the rezoning process for commercial or light industrial uses, making this a compelling prospect for businesses seeking a strategic location. The property's prime location and substantial size make it ideal for a variety of commercial or light industrial ventures. Interested parties are encouraged to explore the possibilities and conduct their due diligence regarding zoning regulations and potential development plans. The asking price is $1,000,000. This represents a significant opportunity to acquire a large parcel of land with high potential for future development in a growing area. All uses are contingent upon obtaining the necessary governmental approvals. Serious inquiries only.

Property profile
Verified
Property type Commercial real estate
Lot 4.95 ac (215,622 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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