0 Belle Chasse Hwy/Hwy 23, Terrytown, LA 70053
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.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.