0 La-16, Franklinton, LA 70438
This exceptional 322-acre property in Franklinton, Louisiana, presents a unique investment opportunity. Located on the beautiful Bogue Chitto River, this land is ideally suited for a premium RV park and campground development. The property is divided into distinct phases. Phase 1 encompasses 184.7 acres, featuring 53 premier lots with lakefront and riverfront access. Phase 2, spanning 50 acres, is designated for future residential and camping lots, along with communal riverfront areas. Additionally, three adjacent parcels (A, B, and D) totaling 124.4 acres offer an expansive 2.75-mile tubing opportunity. The land boasts multiple ponds and lakes, enhancing its natural beauty and recreational potential. The property's location is approximately 25 miles north of Covington, Louisiana, providing convenient access to nearby amenities. Owner financing is available, making this a compelling proposition for developers seeking a prime waterfront recreational development site. The property's address is LA-16, Franklinton, Washington Parish, Louisiana, 70438. This is a rare chance to acquire a significant tract of land with exceptional riverfront access and development potential.
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
Similar Nearby for Sale
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.