0 Airline Hwy Gonzales, LA 70737
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.
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
Similar Nearby for Lease
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.