38256 Ln 929 Hwy Prairieville, LA 70769
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.
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
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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.