0 Tbd Hummingbird Rd Rayne, LA 70578
This exceptional 0.57-acre commercial land parcel, identified as Lot 10 in Hummingbird Estates, presents a unique investment opportunity in Rayne, Louisiana. Located on TBD Hummingbird Road, this property boasts a convenient address within Acadia Parish, zip code 70578. The land is priced at $8,500, translating to an attractive price per acre of $35,087. The property's Assessed Parcel Number (APN) is 0100133845|3. Its prime location offers significant potential for various commercial ventures, benefiting from easy access to local amenities and transportation routes. The relatively flat terrain simplifies development planning and construction. This is a rare opportunity to acquire a well-situated commercial lot in a growing area, making it an ideal investment for developers or businesses seeking to establish a presence in Rayne. The property's size and location make it suitable for a range of commercial uses, subject to local zoning regulations. Interested parties are encouraged to conduct their own due diligence to confirm suitability for their intended purpose. Further details are available upon request. Coordinates for the property are 30.2675403 latitude and -92.2472693 longitude.
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
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Property description
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.