Property profile

4288 Us-84 Ferriday, LA 71373

OFF-MARKET
Land
2.58 ac lot
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Property summary

AI-generated overview

This exceptional 2.58-acre commercial land parcel presents a remarkable investment opportunity in Vidalia, Louisiana. Located at the signalized intersection of US Highway 84 and Logan Sewell Drive, this level, pad-ready site boasts unparalleled visibility and accessibility. Its strategic location places it just one block west of the Vidalia Walmart and within a short distance of the Vidalia Recreational Center, ensuring high traffic volume and exposure to a substantial customer base. The property's zoning allows for a wide range of commercial or multi-family residential developments, making it highly versatile and adaptable to various business plans. Furthermore, its proximity to the recently expanded Syrah Resources spherical graphite manufacturing facility adds significant long-term growth potential. The asking price is $549,000, translating to a land value of $4.89 per square foot. This prime location, coupled with its level topography and pad-ready status, significantly reduces development time and costs, making it an attractive proposition for investors and developers alike. The property is owned by Bogart RE Holdings LLC and is ready for immediate development. The address is 4288 US-84, Ferriday, LA 71373.

Property profile

Verified
Property type Land
Lot 2.58 ac (112,385 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4288 Us-84 Ferriday, LA 71373
Ferriday metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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