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0 Airline Hwy Gonzales, LA 70737

OFF-MARKET Retail properties & Spaces Google Maps
3 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

Exceptional 3-acre commercial land parcel ideally situated in Prairieville, Louisiana, at the entrance to a Class A, 240-unit apartment complex boasting 92% occupancy. This prime location is just south of Walk-on's, ensuring high visibility and accessibility. The property is zoned MU (Mixed Use Corridors), offering diverse development possibilities. The lot size is precisely 3 acres, and the land value ranges from $17 to $25 per square foot. The property's APN is 20003860. Situated on Airline Hwy, this location benefits from significant traffic volume, with a recorded 25,847 ADT (as of 2013 DOTD data). The property is located in Flood Zone X, providing peace of mind for developers. This exceptional opportunity allows for subdivision, and additional land may be available. This makes it an ideal location for retail development, taking advantage of the high traffic count and proximity to established businesses and residential areas. Invest in this thriving Ascension Parish location and capitalize on its immense potential. Contact us today to learn more about this remarkable opportunity.

Property profile

Verified
Property type Retail properties & Spaces
Lot 3 ac (130,680 SF)

Cap rate & NOI

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

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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