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    OFF-MARKET
    Land

    37218 Chess Bankston Rd, Franklinton, LA 70438

    1500 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1,500-acre property near Franklinton, Louisiana, presents a compelling investment opportunity. Strategically located along LA 10 and LA 450, ensuring convenient access, this expansive land boasts a diverse landscape of rolling hills and multiple water sources. Situated above the floodplain, it offers both scenic beauty and development stability. The property's size and varied terrain lend themselves to a multitude of uses, including large-scale residential development, industrial ventures, or sustainable energy projects such as a solar farm, capitalizing on Louisiana's abundant sunshine. The rich history of farming in the area and the presence of diverse wildlife further enhance the property's potential. Its substantial acreage and advantageous location make it an ideal platform for significant future growth and innovation. The asking price is $15,000,000. This versatile land offers a solid foundation for a wide range of ambitious projects. The property is classified as both farm and industrial land, providing flexibility for diverse development plans.

    Property profile
    Verified
    Property type Land
    Lot 1500 ac (65,340,000 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
    by Request
    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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