217 Veterans Memorial Dr Kaplan, LA 70548
This exceptional 20,000 square foot commercial land parcel is ideally situated at the southwest corner of Highways 14 & 35 in Kaplan, Louisiana. Zoned CII, Highway Commercial, this property represents the last remaining outparcel in a thriving retail development. The strategic location offers unparalleled visibility and accessibility, boasting proximity to established businesses such as CVS Pharmacy, Fast Pace Urgent Care, Anytime Fitness, and O'Reilly Auto Parts. Additional nearby retailers include Sonic Drive-In, McDonald's, Dollar General, Family Dollar, Chevron, and Subway, ensuring high traffic volume and strong consumer presence. Priced at $8 per square foot, this land presents a compelling investment opportunity for build-to-suit projects or owner-occupied development. The property's small footprint requirement makes it suitable for a variety of commercial ventures. The seller is open to considering build-to-suit options, providing flexibility for potential buyers. This is a rare opportunity to acquire a highly visible and strategically located commercial lot in a growing Louisiana market. The address is 217 W Veterans Memorial Dr, Kaplan, LA 70548.
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
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.