10776 La-16 Amite City, LA 70422
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.
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
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.