Property profile

0 Us-51 LaPlace, LA 70068

OFF-MARKET
Land
1.69 ac lot
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Property summary

AI-generated overview

This exceptional 1.69-acre commercial land parcel presents a unique investment opportunity in the thriving LaPlace, Louisiana market. Strategically located on US-51 in St. John the Baptist Parish, this property boasts significant frontage, totaling 420 feet. The land is comprised of four contiguous lots (lots 6, 7, 8, and 9), each measuring 105 feet by 175 feet, providing flexibility for various development projects. The property is zoned C3, offering a wide range of potential uses. The asking price for this prime commercial land is $350,000. Its convenient location and substantial size make it an ideal site for businesses seeking high visibility and accessibility. With its considerable frontage and versatile zoning, this property is well-suited for a variety of commercial ventures, offering significant potential for growth and return on investment. The property's address is on US-51, LaPlace, Louisiana, zip code 70068. This is a rare opportunity to acquire a substantial commercial land parcel in a rapidly developing area.

Property profile

Verified
Property type Land
Lot 1.69 ac (73,616 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Us-51 LaPlace, LA 70068
LaPlace metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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