Property profile

0 New Highway 51 LaPlace, LA 70068

OFF-MARKET
Land
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land

Cap rate & NOI

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

Location

New Highway 51 LaPlace, LA 70068
LaPlace metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own New Highway 51?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message