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Property profile

I-10 Frontage Rd Iowa, LA 70647

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 18-acre property boasts prime I-10 frontage near the Highway 383 exit in Calcasieu Parish, Louisiana. The high-traffic location and excellent visibility make it ideal for a variety of commercial ventures. The land is divided into nine individual 2-acre tracts, each offering significant development potential. City water and sewage are readily available, simplifying infrastructure needs. This location is perfect for a hotel, restaurant, strip mall, flea market, or other commercial business. The property's strategic position offers unparalleled access to Interstate 10, ensuring high exposure and convenient access for customers and employees. The asking price is $700,000. This is a rare opportunity to acquire a substantial parcel of land in a high-demand area. The potential for future growth and development is substantial. Furthermore, there's the added benefit of the possibility to acquire additional acreage on both sides of the existing property, providing room for expansion or future development. The property is located at I-10 Frontage Road, Lot 7, Iowa, LA 70647. This is a truly unique opportunity for investors seeking high-visibility commercial land in a rapidly growing area. Don't miss out on this exceptional investment opportunity.

Property profile

Verified
Property type Land

Cap rate & NOI

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

Location

I-10 Frontage Rd Iowa, LA 70647
Iowa metro
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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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