Property summary
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
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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