0 Old Spanish Trl Jeanerette, LA 70560
This exceptional 11-acre commercial land parcel, located near the intersection of E Old Spanish Trail and Darnall Road in Jeanerette, Louisiana (Iberia Parish, zip code 70560), presents a unique investment opportunity. The property, identified by APN 0203065018, is zoned A-1 and offers significant potential for various development projects, including commercial, industrial, or residential uses. The asking price is $275,000, representing a land value of $25,000 per square foot. The property is being sold as a whole. Utilities are readily available, including electricity (Cleco), gas (Atmos), and water (Lawco). According to LSU Ag Center maps, the ground elevation is approximately 18.5 feet. Importantly, the property is located in a Flood Zone X, indicating minimal flood risk. This expansive tract provides ample space for a wide range of development possibilities, making it an attractive proposition for discerning investors seeking a strategic location in a growing area. The property's convenient location and versatile zoning make it an ideal choice for developers seeking to capitalize on the region's potential. Serious inquiries are encouraged.
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
Similar Nearby for Sale
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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.