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Property profile & analytics
OFF-MARKET
Land

0 Airline Hwy Reserve, LA 70084

39 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 39-acre industrial land parcel presents a unique investment opportunity in Reserve, Louisiana. Located on West Airline Highway, this property boasts convenient access to major transportation arteries, including proximity to Interstate 10 (a new I-10 ramp is planned), and benefits from Kansas City Southern and Canadian National rail access. The site is zoned I-2, allowing for a variety of industrial uses. All utilities and sewer services are readily available. The land is already cleared and ready for development, offering significant cost savings. Furthermore, the property is situated in a high and dry location, designated as Flood Zone X, eliminating flood insurance concerns. The seller is willing to subdivide the parcel to accommodate various project sizes, providing flexibility for potential buyers. The land value ranges from $4.25 to $5.50 per square foot. The property's APN is 0500225900. This strategically located parcel offers unparalleled potential for industrial development and represents a compelling investment in a rapidly growing area. Its accessibility, zoning, and infrastructure make it an ideal location for a wide range of industrial projects.

Property profile
Verified
Property type Land
Lot 39 ac (1,698,840 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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