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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

38256 Ln 929 Hwy Prairieville, LA 70769

4,100 SF 2.25 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 4,100 square foot mixed-use property, located at 38256 LA 929 Highway in Prairieville, Louisiana, presents a unique investment opportunity. The property sits on a sizable 2.25-acre lot, zoned for mixed use (MU), offering considerable flexibility for various commercial ventures. Currently featuring a well-maintained brick house and workshop, the property is ideally suited for conversion into mini-warehouses, townhouses, a strip shopping center, or professional office space. The building's 4,100 square feet is priced at $204.88 per square foot, totaling an asking price of $840,000. The property boasts 274.9 feet of frontage on LA 929 Highway, ensuring high visibility. Its location within a flood zone "X" area provides peace of mind, as the existing structures were unaffected by flooding. The property's versatility, combined with its prime location and substantial lot size, makes it an attractive investment prospect. Note that an adjacent 1.76-acre parcel is also available for purchase, presenting the opportunity to acquire a combined 4 acres of commercial land. This is a rare chance to acquire a significant commercial property in a thriving Louisiana market. The zip code is 70769.

Property profile
Verified
Property type Retail properties & Spaces
Total area 4,100 SF
Lot 2.25 ac (98,010 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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