Technical
Financial
Distress signals
Property profile

0 Miller Ave Iowa, LA 70647

OFF-MARKET
Land
26 ac lot
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Property summary

AI-generated overview

This exceptional 26-acre vacant land parcel presents a unique investment opportunity in Iowa, Louisiana. Strategically located in Calcasieu Parish County, with a 70647 zip code, this property boasts significant advantages for a wide range of commercial ventures. Its prime location offers high visibility and accessibility, situated between two Interstate 10 exits (Iowa exit and Highway 165 exit) and directly bordering the I-10 Service Road. The property's proximity to the Iowa Mall further enhances its commercial appeal. The substantial lot size provides ample space for development, and the absence of zoning restrictions opens the door to diverse possibilities, including commercial, manufacturing, or multi-family projects. City water, sewer, and gas services are readily available, simplifying infrastructure needs. This property is adjacent to a larger 82.6-acre tract (MLS#93698), offering potential for synergistic development or expansion. The asking price is $2,600,000. Given its location, size, and lack of zoning restrictions, this property represents a rare chance to acquire a highly versatile and strategically positioned land asset in a growing area. The coordinates are 30.2459862 latitude and -93.0052365 longitude.

Property profile

Verified
Property type Land
Lot 26 ac (1,132,560 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Miller Ave Iowa, LA 70647
Iowa metro
Google Maps

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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