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    OFF-MARKET
    Land

    78043 La-21, Bush, LA 70431

    820,670 SF 18.84 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 18.84-acre property in Bush, Louisiana, presents a unique investment opportunity. Situated on Highway 21, the land comprises two parcels totaling 820,670 square feet. One parcel, spanning 13.18 acres, is zoned I-2 Industrial and features a substantial 40,092-square-foot open-span building, previously utilized as a horse arena. This offers significant potential for various industrial uses or redevelopment. The second parcel, encompassing 5.64 acres, is zoned L-1 Large Lot Residential, providing ample space for a residential structure or office building. The combined acreage boasts over 1000 feet of highway frontage, ensuring high visibility and accessibility. This strategic location allows for a diverse range of development options, including the possibility of a combined residential/commercial venture – perhaps a home or office on the residential parcel and a business on the industrial parcel. Adding to its appeal, the property includes an active cell tower lease, generating additional income potential. The asking price for this versatile property is $1,372,000. The property's APN is 72634, located at 78043 LA-21, Bush, LA 70431, in St. Tammany Parish.

    Property profile
    Verified
    Property type Land
    Total area 820,670 SF
    Lot 18.84 ac (820,670 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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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