0 Miller Ave, Iowa, LA 70647
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.
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
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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.