Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Airline Hwy Gonzales, LA 70737
    Property profile & analytics

    Airline Hwy Gonzales, LA 70737

    View on Map
    • Land
    • 4.49 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    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 Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Gonzales
    County
    Ascension Parish
    State
    Louisiana
    Longitude
    -90.9223
    Latitude
    30.248

    Comparable in this City

    • Value Estimation by Request
      106.98 Acres

      Louisiana 30

      Land • 106.98 Acres
      0 Louisiana 30, Gonzales, LA 70737
      View Details
    • Value Estimation by Request
      2.17 Acres

      14390 Airline Hwy

      Land • 2.17 Acres
      14390 Airline Hwy, Gonzales, LA 70737
      View Details
    • Value Estimation by Request
      1.06 Acres

      Pkwy

      Land • 1.06 Acres
      0 Pkwy, Gonzales, LA 70737
      View Details
    • Value Estimation by Request
      37.96 Acres

      Gonzales LA St Landry Ave At H. Haydel Rd

      Multifamily properties • 37.96 Acres
      Gonzales LA St Landry Ave At H. Haydel Rd, Gonzales, LA 70737
      View Details
    • Value Estimation by Request
      4.49 Acres

      Airline Hwy

      Land • 4.49 Acres
      0 Airline Hwy, Gonzales, LA 70737
      View Details
    • Value Estimation by Request
      4.10 Acres

      Darla St

      Land • 4.10 Acres
      0 Darla St, Gonzales, LA 70737
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Land For Sale

      Land available for sale.
      305 Highway 30 E, Gonzales, LA 70737
      View Details
    • $470,000

      Land on Highway 44

      Land available on Highway 44 in Gonzales, Louisiana.
      13130 Highway 44, Gonzales, LA 70737
      View Details
    • $165,000
      0.07 Acres

      Gonzales Office Building For Sale

      Prime Gonzales location, 3,000 sq ft office, high ROI.
      1201 Purpera Ave, Gonzales, LA 70737
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale.
      La-74, Gonzales, LA 70737
      View Details
    • Contact for pricing

      Land For Sale

      1.539 acres of land available for purchase.
      Tbd Pkwy Cabela's, Gonzales, LA 70737
      View Details
    • $124,900

      Land on Germany Road

      Land available at the corner of Braud and Germany Road.
      40010 Germany Rd, Gonzales, LA 70737
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Gonzales Land for Lease

      2.1-acre land for lease in a high-traffic area.
      13080 Airline Hwy, Gonzales, LA 70737
      View Details
    • Contact for pricing
      31,830 SF

      Gonzales Warehouse Space Available

      Prime Industrial Space, Two Units Available
      310 Eastbank Ext, Gonzales, LA 70737
      View Details
    • Contact for pricing

      Office/Warehouse Suites in Gonzales

      Office and warehouse suites with highway visibility for lease.
      12523 Coontrap Rd, Gonzales, LA 70737
      View Details
    • Contact for pricing

      Class A Flex/Office Development

      Class A flex/office space in growing industrial area.
      8184 8200 & 8206 Hwy 44, Gonzales, LA 70737
      View Details
    • Contact for pricing

      Office Warehouse Space For Rent

      9,000 sq ft office/warehouse with high-end finishes.
      480 Dowdy Dr, Gonzales, LA 70737
      View Details
    • Contact for pricing

      Retail Space on Burnside Avenue

      Retail space for lease in Gonzales, Louisiana, with offices.
      1602 S Burnside Ave, Gonzales, LA 70737
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Airline Hwy
    Gonzales, LA 70737
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Airline Hwy, Gonzales, LA, 70737
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!