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    Property profile & analytics

    Hwy 63 Livingston, LA 70754

    • Land
    • 0.50 lot acres
    For Sale
    View listing
    $4,110,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Hwy 63

    Lot size
    0.50 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 274+/- acre tract is strategically located at the high-traffic interchange of Interstate 12 and Highway 63 (Frost Road) in Livingston, Louisiana, offering unparalleled visibility and accessibility. The property boasts 2,730 feet of frontage on I-12 and 1,068 feet (in sections) on Hwy 63, providing ample space for a variety of development opportunities. Priced at $15,000 per acre for the entire parcel, this represents a significant investment opportunity in a rapidly growing parish. The asking price for the entire property is $4,110,000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Livingston
    County
    Livingston
    State
    Louisiana
    Longitude
    -90.7425
    Latitude
    30.4378

    Comparable in this City

    • Value Estimation by Request
      1.70 Acres

      Charlie Watts

      Land • 1.70 Acres
      0 Charlie Watts, Livingston, LA 70754
      View Details
    • Value Estimation by Request
      7.40 Acres

      Bass Pro Blvd

      Land • 7.40 Acres
      0 Bass Pro Blvd, Livingston, LA 70754
      View Details
    • Value Estimation by Request
      3.65 Acres

      17185 Black Mud Rd

      Land • 3.65 Acres
      17185 Black Mud Rd, Livingston, LA 70754
      View Details
    • Value Estimation by Request

      Satsuma Rd

      Land
      0 Satsuma Rd, Livingston, LA 70754
      View Details
    • Value Estimation by Request
      3.30 Acres

      28221 Frost Rd

      Land • 3.30 Acres
      28221 Frost Rd, Livingston, LA 70754
      View Details
    • Value Estimation by Request
      50.37 Acres

      28310 Red Oak Rd

      Land • 50.37 Acres
      28310 Red Oak Rd, Livingston, LA 70754
      View Details

    Similar Nearby for Sale

    • $4,110,000
      0.50 Acres

      I-12 & Hwy 63 Land - Livingston, LA

      Prime Commercial/Industrial Land - High Traffic
      0 Hwy 63, Livingston, LA 70754
      View Details
    • $1,079,852
      7.40 Acres

      7.4 Acres Bass Pro Blvd Commercial Land

      Prime Denham Springs commercial land, I-12 visibility.
      0 Bass Pro Blvd, Livingston, LA 70754
      View Details
    • $2,200,000
      50.00 Acres

      50-Acre Livingston Parish Land

      Prime development land near I-12.
      28310 Red Oak Rd, Livingston, LA 70754
      View Details
    • $1,400,000
      31.75 Acres

      Livingston Development Tract - 31.75 Acres

      Prime Livingston land, I-12 access, development ready.
      0 Red Oak Rd, Livingston, LA 70754
      View Details
    • $68,900
      Pending

      Livingston Land Ready For Building

      1.27 acre lot ready for building in Livingston, Louisiana.
      19121 La Highway 444, Livingston, LA 70754
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    • $155,555
      2,072 SF

      Spacious Home with Workshop

      Four-bedroom home with workshop, pavilion, and ample parking.
      28631 Mcarthur Dr, Livingston, LA 70754
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    Similar Nearby for Lease

    • $12 SF/Yr
      7,500 SF

      Planned Office-Warehouse Development Near I-12

      Planned 7,500 SF office-warehouse development with excellent access to I-12.
      29192 Satsuma Rd, Livingston, LA 70754
      View Details
    • $2,500 /Mo
      3,500 SF

      Versatile Spaces at Park Plaza

      Adaptable spaces for medical, retail, or office use.
      29437 S Frost Rd, Livingston, LA 70754
      View Details
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    Hwy 63
    Livingston, LA 70754
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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