59056 Highway 51 Amite, LA 70422
This exceptional commercial property, located at 59056 Highway 51 in Amite, Louisiana, presents a significant investment opportunity. The expansive 6.54-acre lot provides ample space for future expansion or development. The existing structure boasts a substantial 36,000 square feet of well-maintained concrete slab, supported by a robust red iron steel frame. Its strategic location adjacent to the railroad tracks and its convenient Highway 51 access offer unparalleled logistical advantages. The property's current state provides a solid foundation for a variety of commercial ventures, from manufacturing and warehousing to distribution and light industrial uses. The large footprint and existing infrastructure minimize initial development costs, making this an attractive option for businesses seeking a ready-to-develop site. The property's size and location make it a rare find in the Amite market, offering significant potential for long-term growth and profitability. Serious inquiries are encouraged to explore the possibilities this unique property offers. The asking price is $835,000.
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.