Property profile

37218 Chess Bankston Rd Franklinton, LA 70438

OFF-MARKET
Land
1500 ac lot
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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

Location

37218 Chess Bankston Rd Franklinton, LA 70438
Franklinton metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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