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Property profile & analytics
OFF-MARKET
Land

0 Old Spanish Trl Jeanerette, LA 70560

11 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 11 ac (479,160 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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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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