0 New Highway 51 LaPlace, LA 70068
This exceptional commercial land offering comprises two parcels totaling 20,000 square feet, strategically located on New Highway 51 in LaPlace, Louisiana, zip code 70068. The property, identified by APN 0495026100|11, is zoned C-3, allowing for a variety of commercial uses. One parcel measures 100.64' x 254.84' and is priced at $5.50 per square foot, while the second parcel, 100' x 200', is offered at $8.00 per square foot, totaling an asking price of $160,000. Both parcels boast frontage on New Highway 51, providing excellent visibility and accessibility. All utilities and sewer are readily available. The lots are already cleared and ready for development. The property's convenient location offers easy access to Interstate 10, enhancing its appeal for businesses seeking a strategic location. Larger tracts can be subdivided to accommodate various development needs. This presents a unique opportunity for commercial development in a thriving Louisiana market. The property is situated in St. John the Baptist County.
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
Similar Nearby for Lease
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.