38270 Ln 929 Hwy Prairieville, LA 70769
Exceptional investment opportunity in Prairieville, Louisiana. This mixed-use (MU) zoned property, located at 38270 LA 929 Highway, offers 1,420 square feet of space on a 1.64-acre corner lot. The property boasts 215.9 feet of frontage on Hwy 929 and 355.2 feet on Kristen Dr, providing excellent visibility. Currently featuring a shed and a 1,420 square foot wooden frame house, adaptable for office use or relocation, the property is situated in a desirable location, visible from Airline Highway and adjacent to the intersection of Airline Highway and Hwy 929. The asking price is $640,000, translating to $450.70 per square foot. The property is located in Flood Zone X. An adjacent 2.25-acre parcel with the same MU zoning is also available for purchase, offering the potential for a combined 4-acre commercial development. This presents a unique opportunity for significant business expansion or a substantial investment portfolio addition.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.