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    Property profile & analytics

    11019 Hwy 16 Hwy Amite, LA 70422

    • Commercial real estate
    • 2,594 SF
    • 2.97 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 11019 Hwy 16 Hwy

    Year built
    1969
    Lot size
    2.97 lot acres
    Property size
    2,594 SF
    Property type
    Commercial real estate

    Description

    This exceptional commercial property boasts a prime location on Highway 16 in Amite, Louisiana. The main parcel encompasses 2,594 square feet of building space situated on a 2.97-acre lot. Its strategic location offers unparalleled convenience, just minutes from Interstate 55, the vibrant downtown Amite area, and a variety of restaurants and shopping options. The property's high visibility ensures excellent exposure for any business. Adding significant value is the inclusion of a second parcel, totaling 2.02 acres with 68 feet of road frontage. This second parcel is sold with the main property, expanding the total land area to an impressive 4.99 acres and providing 166 feet of valuable road frontage. The combined acreage presents a unique opportunity for expansion, development, or multi-use ventures. The asking price for this exceptional commercial property is $773,000. This represents a compelling investment opportunity in a thriving Louisiana community. The property's size, location, and combined acreage make it an ideal choice for a wide range of commercial uses.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Amite
    County
    Tangipahoa
    State
    Louisiana
    Longitude
    -90.5411
    Latitude
    30.7267

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      COMMERCIAL (GENERAL) • 1,080 SF
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    11019 Hwy 16 Hwy
    Amite, LA 70422
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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