0 Tbd Chatrian St Sunset, LA 70584
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.
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
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.