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42 Tract A-2-A Hwy Prairieville, LA 70769

  • Land
  • 4.73 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Land

Property Details for 42 Tract A-2-A Hwy

Lot size
4.73 lot acres
Property type
Land

Description

This ±4.73-acre commercial land parcel presents a unique development opportunity in the rapidly growing Prairieville, Louisiana market. Located in Ascension County at the corner of Highway 42 and Highway 929, this PUD-Retail zoned property boasts dual frontage, providing exceptional visibility and accessibility. The site is directly across from a Rouses Market and is anchored by a Walgreens and a new Auto Zone, ensuring high foot traffic and strong retail synergy. The property's strategic location benefits from approximately 16,720 vehicles passing daily on Highway 42, a roadway currently undergoing expansion to four lanes. The lot itself offers flexibility, allowing for subdivision into smaller parcels to accommodate various development plans. Two existing access roads further enhance convenience and accessibility. This prime location is surrounded by recent commercial growth, including a Walmart and the aforementioned Rouses Market, indicating a thriving and expanding retail environment. The land is priced at $7.60 per square foot, offering a compelling investment opportunity for retail or mixed-use development projects. The property's size, location, and zoning make it an ideal site for a variety of commercial ventures. The existing infrastructure, including dual road frontage and access roads, simplifies development and reduces initial costs. This is a rare opportunity to acquire a significant parcel of land in a high-growth area with excellent visibility and access. The property's potential for subdivision allows for tailored development to meet specific needs and maximize return on investment.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Prairieville
County
Ascension
State
Louisiana
Longitude
-90.963
Latitude
30.317
More about this property
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