70452 Military Rd Pearl River, LA 70452
This exceptional 47,783 square foot commercial land parcel presents a remarkable investment opportunity in Pearl River, Louisiana. Strategically located adjacent to I-59, this property enjoys high visibility and convenient access to the main thoroughfare serving the community. Its position at the entrance of an industrial park, alongside major distribution centers, ensures significant traffic flow and exposure. The site's size, exceeding five acres, allows for diverse development possibilities, including fast-food restaurants, family dining establishments, and even a hotel. The surrounding area boasts established businesses, including fuel stations, a Waffle House, and a Microtel Inn & Suites, further enhancing the property's appeal and potential for success. This prime location benefits from the high volume of interstate traffic, local commuters, and residents. The property is serviced by city water and sewer, and features existing curb cuts, as detailed in the available site plan (available upon request). The land is zoned for commercial use, offering flexibility for a variety of development projects. With a land value of $12 per square foot, this property represents a compelling investment in a thriving Louisiana market. The APN is 58864. This is an exceptional opportunity to capitalize on the strong commercial activity and growth potential of Pearl River.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.