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Property profile & analytics
OFF-MARKET
Land

0 Tbd Chatrian St Sunset, LA 70584

1.38 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.375-acre commercial land parcel presents a unique investment opportunity in Sunset, Louisiana. Located at TBD Chatrian Street, this property boasts convenient access to the burgeoning downtown Grand Coteau area and is less than a minute from Interstate 49, ensuring high visibility and easy accessibility. The lot features frontage on both Chatrian Street and Burleigh Road, providing ample options for development. Mature trees enhance the aesthetic appeal of the site. The property's location qualifies for the Historic District tax credit, offering potential financial advantages for the buyer. The existing abandoned home on the property is not factored into the asking price of $175,000, representing a land value of $126,812 per acre. The property's Assessed Parcel Number (APN) is 0200649000A. This is a rare chance to acquire a substantial commercial lot in a rapidly developing area with significant tax incentives. The property is comprised of four individual lots totaling 1.375 acres. This versatile land is ideal for a variety of commercial ventures.

Property profile
Verified
Property type Land
Lot 1.38 ac (59,895 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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