40512 Ln Hwy Prairieville, LA 70769
- Land
- 4.26 lot acres
Current Use by Public Records
- Land
Property Details for 40512 Ln Hwy
- Lot size
- 4.26 lot acres
- Property type
- Land
Description
This exceptional 4.26-acre commercial land parcel is strategically located at the highly visible, lighted intersection of LA Highway 42 and LA Highway 44 in Prairieville, Louisiana. The property, identified by APN 7553009, is zoned MU2, allowing for intensive residential and commercial development. This prime location boasts over 27,000 vehicles passing daily, ensuring significant visibility and accessibility. Surrounded by thriving businesses including a Walmart Neighborhood Market, Dollar General, and Sonic, this site offers immediate proximity to established retail and residential areas. The land is largely cleared and ready for development, presenting a unique opportunity for single-family or multifamily projects. The asking price is $1,577,307, translating to $8.50 per square foot. The property's location in Flood Zone X eliminates the need for flood insurance, further enhancing its appeal. Its position on a major artery of Ascension Parish, with easy access to multiple state and US highways, guarantees excellent connectivity. An adjacent 0.79-acre parcel is also available. A house currently situated on the property is under lease. This is an exceptional investment opportunity in a rapidly growing market with strong average household incomes. The property's high traffic count and strategic location make it an ideal choice for developers seeking a high-impact commercial venture.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Prairieville
- County
- Ascension Parish
- State
- Louisiana
- Longitude
- -90.9232
- Latitude
- 30.3242
