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Property profile & analytics
OFF-MARKET
Land

0 Ln 18 Hwy Waggaman, LA 70094

133 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 133-acre commercial land parcel presents a remarkable investment opportunity in Waggaman, Louisiana. Located on LA 18 Highway, this expansive tract boasts a prime location less than 15 miles from New Orleans, offering convenient access to a major metropolitan area. The land is completely cleared and ready for immediate development. A significant advantage is the existence of pre-approved plans for a residential subdivision, complete with a pre-established CCR (Covenants, Conditions, and Restrictions) readily available to the new owner. This significantly streamlines the development process, saving time and resources. Adding to its appeal, the property features three freshwater ponds, each stocked with fish, providing a unique and attractive amenity. The property's river road frontage further enhances its desirability and potential for various commercial ventures. This is a rare chance to acquire a large, well-situated parcel with substantial development potential in a rapidly growing area. The asking price for this exceptional property is $2,800,000. Detailed plans and CCR documentation are available upon request. This property is zoned for commercial use and offers significant potential for a variety of development projects. The location, size, and existing infrastructure make this a truly unique opportunity.

Property profile
Verified
Property type Land
Lot 133 ac (5,793,480 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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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