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    OFF-MARKET
    Land

    0 Miller Ave, Iowa, LA 70647

    0.49 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 0.49-acre commercial land parcel, located at E Miller Ave. (Lot 7) in Iowa, Louisiana, 70647, presents a unique investment opportunity. Situated conveniently near the Iowa Mall and a Dollar Store, this property benefits from high visibility and excellent access. Its strategic location between two I-10 exits ensures significant traffic flow, making it ideal for a variety of commercial ventures. City water, sewer, and gas services are readily available, simplifying development. The seller offers a compelling build-to-suit option and owner financing with a 20% down payment and an 8% interest rate, making this an attractive proposition for developers and entrepreneurs alike. The asking price is $75,000. Furthermore, the possibility of acquiring additional adjacent land exists, providing potential for expansion or future development. This property's prime location and flexible financing options make it a highly desirable investment in a growing Louisiana market. The coordinates are 30.2463664 latitude and -93.0129191 longitude.

    Property profile
    Verified
    Property type Land
    Lot 0.49 ac (21,344 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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