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OFF-MARKET
Land

0 New Highway 51 LaPlace, LA 70068

Property ID
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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