Airline Hwy Gonzales, LA 70737
- Land
- 4.49 lot acres
Current Use by Public Records
- Land
Property Details for 0 Airline Hwy
- Lot size
- 4.49 lot acres
- Property type
- Land
Description
This exceptional 4.49-acre commercial land parcel presents a remarkable investment opportunity in the thriving Gonzales, Louisiana market. Located on Airline Highway in Ascension Parish, this property boasts a highly desirable MU (Mixed Use Corridors) zoning designation, opening doors to a wide range of development possibilities. The lot is situated at the entrance of a Class A apartment complex with 240 units currently enjoying a 92% occupancy rate, and just south of a Walk-on's restaurant, ensuring high visibility and accessibility. With a land value of $8.75 per square foot, the asking price is $1,711,363. The property's strategic location benefits from significant traffic volume, with a recorded 25,847 average daily traffic count (ADT) along this stretch of Airline Highway (DOTD 2013 data). Further enhancing its appeal, the land is designated as Flood Zone X, minimizing flood risk. The property is also subdividable, offering flexibility for various development scenarios. Additional land in the immediate vicinity may also be available. This prime location and zoning make this an ideal site for a diverse range of commercial ventures, capitalizing on the area's robust growth and high traffic counts. The APN is 20003860. This is a rare opportunity to acquire a substantial commercial land parcel in a high-demand area.
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
- Gonzales
- County
- Ascension Parish
- State
- Louisiana
- Longitude
- -90.9223
- Latitude
- 30.248
