73 Tbd Hwy, Geismar, LA 70734
This exceptional 2.69-acre commercial land parcel is strategically located at the corner of Highway 73 and Cornerview Road in Geismar, Louisiana, within the rapidly developing Ascension Parish. The property boasts a C-2 zoning designation, opening doors to a wide spectrum of development possibilities. Envisioned uses could include single-family homes, condominiums, apartment complexes, assisted living facilities, or nursing homes. Its prime location offers unparalleled accessibility. Situated just off Highway 73 (Old Jefferson Highway), it provides convenient access to Interstate 10 (within 2 miles), Louisiana Highway 74 (1.5 miles), and the Red River Bank (1 mile). Dutchtown High School is also within a 1.5-mile radius. The asking price is $468,705, translating to $174,239 per acre. The property's APN is 20021782. This presents a remarkable investment opportunity in a high-growth area with excellent connectivity and diverse development potential. The property's size and zoning make it ideal for a variety of commercial ventures. Don't miss this chance to acquire a piece of prime Louisiana real estate.
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
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.