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Property profile & analytics
OFF-MARKET
Land

0 Airline Hwy Gonzales, LA 70737

1 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1-acre commercial land parcel is strategically located on Airline Highway in Gonzales, Louisiana, within Ascension Parish (zip code 70737). The property, identified by APN 5737600, is zoned MU (Mixed Use Corridors), offering diverse development possibilities. Priced at $588,060, this represents a land value of $13.50 per square foot. Situated in a high-traffic area, the property boasts an average daily traffic count of 25,847 vehicles along this stretch of Airline Highway. Its prime location is at the entrance to a Class A space featuring 240 units currently at 92% occupancy, and just south of Walk-on's. A newly developed medical office, Pearl Dentistry, will occupy the front parcel. The rear parcel, the subject of this listing, is available for purchase or build-to-suit opportunities. The property is located in Flood Zone X, providing peace of mind regarding flood risk. This presents a unique investment opportunity for developers seeking a high-visibility location with significant potential for growth and return. The mixed-use zoning allows for a wide range of commercial and potentially residential uses, making it an attractive proposition for various development projects.

Property profile
Verified
Property type Land
Lot 1 ac (43,560 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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