Highway 59 Abita Springs, LA 70420
- Land
- 10.06 lot acres
Current Use by Public Records
- Land
Property Details for 0 Highway 59
- Lot size
- 10.06 lot acres
- Property type
- Land
Description
This exceptional 10.06-acre commercial land parcel presents a unique investment opportunity in Abita Springs, Louisiana. Strategically located on Highway 59 at the corner of Millar Street, the property boasts approximately 650 feet of prime highway frontage, ensuring high visibility and accessibility. The site is zoned for Residential - Commercial Overlay, offering flexibility for a variety of development projects. Priced at $2,629,282, or $261,360 per acre, this represents a compelling value in a rapidly growing area. The property is being sold as a single parcel, with the parcel number being 1150311316. Current owners are actively collaborating with the town to revoke the unconstructed streets of South Street and Hayne Avenue, streamlining future development plans. This prime location within the town limits of Abita Springs offers significant potential for commercial ventures, capitalizing on the area's increasing popularity and growth. The substantial lot size and highway frontage make this property ideal for a wide range of commercial uses, from retail and restaurants to light industrial and office spaces. Don't miss this chance to acquire a significant piece of Abita Springs' commercial real estate landscape.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Abita Springs
- County
- St. Tammany Parish
- State
- Louisiana
- Longitude
- -90.0407
- Latitude
- 30.4702