Technical
Financial
Distress signals
Property profile

0 Miller Ave Iowa, LA 70647

OFF-MARKET
Land
0.48 ac lot
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Property summary

AI-generated overview

This exceptional 0.48-acre vacant land parcel presents a unique commercial investment opportunity in Iowa, Louisiana. Strategically located near the Iowa Mall and a Dollar Store, this property enjoys high visibility and convenient access. Its position between two I-10 exits ensures excellent accessibility for customers and employees. The absence of zoning regulations offers considerable flexibility for development. City water, sewer, and gas services are readily available, simplifying infrastructure needs. The asking price is $75,000, representing a significant value proposition considering the potential for development. Further enhancing its appeal, additional acreage is available behind the property, providing opportunities for expansion or future development. Detailed plat information is available upon request. This prime location, coupled with the availability of utilities and the potential for expansion, makes this property an attractive investment for developers and businesses seeking a strategic foothold in a high-growth area. The property is identified as Lot 7 on E. Miller Ave, Iowa, LA 70647. While the listed price is $75,000, note that additional acreage is available at a price of $100,000 per acre.

Property profile

Verified
Property type Land
Lot 0.48 ac (20,909 SF)

Cap rate & NOI

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

Location

Miller Ave Iowa, LA 70647
Iowa metro
Google Maps

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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