Property profile

628 Byu Steel Rd @ Hwy LaPlace, LA 70068

OFF-MARKET
Retail properties & Spaces
7.6 ac lot
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Property summary

AI-generated overview

This exceptional 7.6-acre industrial property in St. John the Baptist Parish, Louisiana, presents a unique investment opportunity. The land is strategically located at the intersection of Bayou Steel Road and Hwy 628, offering excellent accessibility. The site includes approximately 2.9 acres of batture land situated between Hwy 628 and the Mississippi River, boasting approximately 175 feet of valuable river frontage. A significant portion of the property features a substantial 3,500-foot frontage along Hwy 3217. Additionally, a key section of the property comprises a corner lot measuring approximately 30,000 square feet, situated at the intersection of Hwy 628 and another road, with a width of approximately 175 feet at Hwy 628, narrowing to 50 feet between Garden Grove Street and a railroad. Another 50-foot-wide section extends eastward along Hwy 3217 beyond the railroad. Importantly, none of this property is located within a designated flood zone, mitigating risk and enhancing its appeal. The property's size, location, and features make it ideal for a variety of industrial or retail uses. The asking price is $600,000. The zip code is 70068.

Property profile

Verified
Property type Retail properties & Spaces
Lot 7.6 ac (331,056 SF)

Cap rate & NOI

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

Location

628 Byu Steel Rd @ Hwy LaPlace, LA 70068
LaPlace 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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