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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

10776 La-16 Amite City, LA 70422

1 ac lot
Property ID
Property summary
AI-generated overview

This exceptional land parcel, identified by APN 6333044.000000000000000, offers a unique investment opportunity in Amite City, Louisiana. Located at 10776 LA-16, this property boasts excellent visibility and accessibility, situated less than one mile from Interstate 55. The lot size ranges from one to 2.56 acres, providing ample space for various development projects. The land is zoned to accommodate a variety of uses, including office, retail, retail pad, self-storage, and other commercial ventures. The land value, priced between $10 and $18 per square foot, presents a compelling return on investment. A key advantage is the property's location directly on LA Highway 16, ensuring high traffic visibility and easy access for potential businesses. Furthermore, the presence of The Lodge at Tangi Pines nursing home on the rear portion of the property creates a synergistic opportunity for medical office users or related businesses seeking proximity to healthcare facilities. This prime location, combined with its flexible zoning and attractive price point, makes this property an ideal choice for developers and investors seeking a high-impact commercial venture in a growing Louisiana market. The property's proximity to I-55 enhances its regional appeal and accessibility.

Property profile
Verified
Property type Retail properties & Spaces
Lot 1 ac (43,560 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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