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Property profile & analytics
OFF-MARKET
Specialty properties

2284 Highway 662 Morgan City, LA 70380

Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 2284 Hwy 662 in Amelia, Louisiana, presents a unique investment opportunity. The site boasts three substantial warehouse buildings, ideal for various commercial uses. One warehouse includes an office space equipped with two half-bathrooms, providing convenient workspace. Another warehouse features a bathroom with multiple stalls. A third, newer building offers an added advantage: an 800-square-foot apartment complete with central heating and air conditioning. This versatile property extends beyond the buildings themselves. It offers significant waterfront access with 700 feet of frontage along Bayou Boeuf, providing ample potential for water-dependent businesses. The land extends across Highway 662 and continues for an additional 3,000 feet along Highway 182, offering substantial acreage for expansion or development. The property is situated in St. Mary Parish near the old McDermott yard in Amelia, LA, zip code 70380. Note that a mobile home on the property is not included in the sale. The asking price for this expansive commercial property is $350,000.

Property profile
Verified
Property type Specialty properties
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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