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Property profile

0 Milton Rd Maurice, LA 70555

OFF-MARKET
Land
7.97 ac lot
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Property summary

AI-generated overview

This exceptional 7.97-acre parcel presents a remarkable investment opportunity in Maurice, Louisiana. Located on Milton Rd, this commercially zoned land boasts over 260 feet of road frontage, ensuring excellent visibility and accessibility. Its strategic position less than a quarter mile from US Highway 167 offers unparalleled exposure to significant traffic volumes. 2023 traffic counts reveal 7,929 vehicles daily on LA Highway 92 and an impressive 17,915 vehicles daily on US Highway 167, providing substantial potential for any commercial venture. The commercial zoning allows for diverse development options, including retail, office spaces, and higher-density residential projects. This property is situated in Maurice, one of Louisiana's fastest-growing communities, making it an ideal location to capitalize on the area's ongoing expansion and increasing population. The substantial lot size and prime location combine to create a unique opportunity for investors seeking significant returns in a thriving market. This is a rare chance to acquire a large, strategically located parcel of land in a rapidly developing area. Don't miss this chance to secure your piece of Maurice's future. The asking price is $717,570. The property is located in Vermilion Parish, Louisiana, zip code 70555.

Property profile

Verified
Property type Land
Lot 7.97 ac (347,304 SF)

Cap rate & NOI

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

Location

Milton Rd Maurice, LA 70555
Maurice 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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