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    OFF-MARKET
    Land

    0 Us-90, Morgan City, LA 70342

    650 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 650-acre multi-parcel land site presents a unique investment opportunity in Berwick, Louisiana, situated conveniently along US-90 in St. Mary Parish, zip code 70342. The property is zoned for diverse uses, ranging from residential to light industrial, offering flexibility for various development projects. This expansive tract can be purchased as a whole or subdivided into smaller parcels, catering to a range of buyer needs. The seller has a proven track record, having successfully sold over 20 parcels of varying sizes for residential, industrial, and retail purposes. This demonstrates the land's versatility and high demand. The property's location along US-90 provides excellent accessibility and visibility. The asking price for the entire 650 acres is $4,900,000. It's important to note that all mineral rights and existing leases will be retained by the seller. Detailed information, including parcel maps and zoning specifics, is available upon request. This is an unparalleled chance to acquire a significant land holding in a rapidly developing area of Louisiana. Contact us to discuss your development plans and explore the possibilities this property offers.

    Property profile
    Verified
    Property type Land
    Lot 650 ac (28,314,000 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
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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