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    OFF-MARKET
    Land

    0 La-16, Franklinton, LA 70438

    322 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 322 ac (14,026,320 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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