11019 Hwy 16 Hwy Amite, LA 70422
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.