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    OFF-MARKET
    Land

    0 Belle Chasse Hwy/Hwy 23, Terrytown, LA 70053

    19.67 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 19.67-acre commercial land parcel presents a significant investment opportunity in the thriving Terrytown, Louisiana market. Located on Belle Chasse Highway/Highway 23, in Jefferson Parish, zip code 70053, this property is zoned for Mixed Use Corridor District, offering unparalleled flexibility for a wide range of commercial developments. The asking price is $3,427,000, translating to a land value of $4 per square foot. The site boasts excellent visibility and accessibility from a major thoroughfare. Existing infrastructure includes utilities that stop at the Rouses property line. Potential developers should be aware of existing restrictions, including a Declaration of Restrictions and Grant Easements with Rouses and CVS, as well as an LP&L right-of-way. This prime location offers significant potential for high-return commercial ventures, capitalizing on the area's strong economic growth and strategic positioning. The property's size and zoning make it suitable for a variety of uses, from retail and restaurants to office space and light industrial development. Detailed site plans and further information are available upon request. This is a rare opportunity to acquire a substantial commercial land holding in a highly desirable location. Don't miss out on this exceptional investment prospect.

    Property profile
    Verified
    Property type Land
    Lot 19.67 ac (856,825 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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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