0 Miller Ave, Iowa, LA 70647
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.
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
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.