434 @ I-12 Lot 2 Hwy Lacombe, LA 70445
This exceptional 8.43-acre commercial and industrial land parcel presents a unique investment opportunity in Lacombe, Louisiana. Strategically located just off I-12 on Hwy 434, this property boasts excellent accessibility via an existing large concrete road. The site is currently zoned HC-3, with potential for industrial zoning. A shallow pond, not considered wetlands, is present and can be filled. The property features existing boulevard frontage for convenient access and a gas line located at the corner, offering potential for parking or green space. This land is part of a designated LED Certified Industrial Park, ensuring a supportive environment for development. The property's size and location make it ideal for a variety of commercial and industrial uses, offering significant potential for growth and return on investment. The APN is 36644. The land value is $3 per square foot. The property is located in St. Tammany County, Louisiana, with a zip code of 70445. This is a rare opportunity to acquire a well-situated, development-ready parcel in a thriving industrial area.
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
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Property description
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.