0 Miller Ave, Iowa, LA 70647
This exceptional 0.48-acre vacant land parcel presents a unique commercial investment opportunity in Iowa, Louisiana. Strategically located adjacent to the Iowa Mall and a dollar store, this property benefits from high visibility and convenient access. Its position between two I-10 exits ensures excellent traffic flow and exposure to a large customer base. The absence of zoning regulations offers considerable flexibility for development, making it suitable for a wide range of commercial ventures. Further enhancing its appeal, city water, sewer, and gas services are readily available. The property's value is amplified by the potential for expansion, with additional acreage available behind the lot. This translates to a compelling price point of approximately $100,000 per acre. Detailed plat information is accessible upon request. This prime location, coupled with the readily available utilities and expansion potential, makes this an exceptional opportunity for investors seeking high-return commercial development. The property is identified by MLS# SWL24001970 and is situated at E. Miller Ave Lot 9, Iowa, LA 70647.
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.