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    OFF-MARKET
    Land

    17309 La-16, Franklinton, LA 70438

    124.4 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 124.4-acre property in Washington Parish, Louisiana, presents a unique investment opportunity. Located on the scenic Bogue Chitto River at 17309 LA-16, Franklinton, LA 70438, this expansive land offers a prime location for an RV resort or similar venture. The property comprises three parcels (57.11 acres, 47.88 acres, and 22.04 acres), each boasting direct river frontage, providing tranquil views and immediate access to the water for residents and guests. A 2.75-mile float down the river enhances the recreational appeal. Beyond the riverfront, the property features multiple lakes and diverse landscapes, creating a naturally beautiful setting. The land is suitable for various outdoor activities, including fishing and kayaking. Buyers have the flexibility to purchase all three parcels or select individual parcels to suit their needs. Owner financing is available, making this attractive investment more accessible. The asking price is $1,574,000. This premium camping destination presents a compelling opportunity for significant returns. The property's size and location along the Bogue Chitto River make it ideal for a variety of recreational uses. Potential for a boat launch is also present.

    Property profile
    Verified
    Property type Land
    Lot 124.4 ac (5,418,864 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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