2570 Highway 171 Stonewall, LA 71078
This exceptional 7.184-acre commercial land parcel, located at 2570 Highway 171 in Stonewall, Louisiana (zip code 71078), presents a remarkable investment opportunity. The property boasts 850 feet of highly desirable frontage along Highway 171, placing it in a prime location across from North Desoto School. Its strategic corner location at the intersection of Collinswood Road and Highway 171 ensures excellent visibility and accessibility. The asking price is $485,000, translating to approximately $67,549 per acre. This makes it an attractive proposition for developers seeking a high-traffic area. The APN is 0200123410. To facilitate a smooth transition, the seller will provide comprehensive due diligence materials to the buyer, including 2016 Civil Engineering Reports, Soil Sample Reports, a Traffic Study, Geotechnical Reports, and Floor Plans for a proposed 120-unit apartment complex. This detailed information significantly reduces the time and cost associated with initial development planning. This property in De Soto Parish offers significant potential for various commercial ventures, making it an ideal investment for discerning buyers. The property is zoned for commercial use.
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
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.