0 Miller Ave, Iowa, LA 70647
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.
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
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.