11066 Ln Hwy Geismar, LA 70734
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.
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
Similar Nearby for Sale
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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.