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Property profile & analytics
OFF-MARKET
Land

0 Airline Hwy LaPlace, LA 70068

7 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 7-acre commercial and industrial land parcel is situated on W Airline Hwy in LaPlace, Louisiana, within St. John the Baptist Parish (zip code 70068). Offered at $609,840, this property boasts a land value of $2 per square foot. The permitted zoning is R-1 (Light Tan), presenting a range of development possibilities. The lot is mostly cleared and conveniently located just 5 minutes from I-10, ensuring easy access to major transportation routes. All utilities and sewer services are readily available. Furthermore, the property's proximity to East St. John Schools adds to its appeal. This location offers a unique opportunity for businesses seeking a strategic position in a growing area. The site is part of a larger area with available lots ranging from 1 to 154 acres, with prices ranging from $1.30 to $6.00 per square foot. This presents a chance to acquire a significant land holding or a smaller, more manageable parcel, depending on individual needs and investment strategies. Serious inquiries are encouraged to explore the full potential of this valuable property.

Property profile
Verified
Property type Land
Lot 7 ac (304,920 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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CAP Approach CAP
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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