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    217 Veterans Memorial Dr Kaplan, LA 70548

    • Land
    For Sale
    View listing
    $160,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 217 Veterans Memorial Dr

    Property type
    Land

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Kaplan
    County
    Vermilion Parish
    State
    Louisiana
    Longitude
    -92.2877
    Latitude
    29.9989

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    217 Veterans Memorial Dr
    Kaplan, LA 70548
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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