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Property profile

0 Tbd Nabours Rd Westlake, LA 70669

OFF-MARKET
Land
1.46 ac lot
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Property summary

AI-generated overview

This exceptional offering presents two distinct parcels of land in Westlake, Louisiana, ideally situated within a thriving industrial park. The larger tract encompasses 3.66 acres, divisible to suit individual needs, and is completely cleared and free of wetlands. This site's strategic location provides easy access to Interstate 10 and Highway 90, ensuring seamless connectivity to regional transportation networks and other industrial businesses. Land lease options are available for this property. Additionally, a smaller, approximately 1.4-acre lot is available, boasting 150 feet of frontage on East Burton Street and measuring approximately 150' x 410'. This lot features high elevations (15' - 18'), is located in Flood Zone X, and is currently zoned residential, though rezoning for commercial use is a possibility for the buyer. Both sites offer significant potential for various industrial uses, including lay-down yards or parking areas. The larger tract has approximately 1.21 acres of unusable land due to a highline row. The price for all available land is $3.00 per square foot. Detailed brochures are available upon request. Adjacent tracts are also available.

Property profile

Verified
Property type Land
Lot 1.46 ac (63,598 SF)

Cap rate & NOI

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

Location

Tbd Nabours Rd Westlake, LA 70669
Westlake metro
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Value estimations

Realmo proprietary · 4 methods
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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
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