Technical
Financial
Distress signals
Property profile

1416 Miller Ave Westlake, LA 70669

OFF-MARKET
Land
4.39 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 4.39 to 4.4-acre property in Westlake, Louisiana, presents a unique investment opportunity. Located at 1416 Miller Ave, 70669, this cleared land boasts over 650 feet of direct waterfront access to the Calcasieu Ship Channel, offering unparalleled potential for a variety of commercial ventures. The property is zoned for light industrial use and has been annexed into the city of Westlake. Its convenient location provides quick access to I-10, enhancing its accessibility and appeal. Previous approvals have been obtained for a waterfront RV park, showcasing the feasibility of such developments. The existing infrastructure includes one boat launch space. The expansive lot size and prime waterfront location make this property ideal for a diverse range of projects, including residential development, a waterfront restaurant, or an expanded RV park. The APN is 01320735. This is a rare opportunity to acquire a significant piece of waterfront land in a thriving Louisiana community with established infrastructure and convenient access to major transportation routes. The asking price is $1,500,000.

Property profile

Verified
Property type Land
Lot 4.39 ac (191,228 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1416 Miller Ave Westlake, LA 70669
Westlake metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1416 Miller Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message