0 Tbd Main Hwy Saint Martinville, LA 70582
This exceptional 194.34-acre property presents a unique investment opportunity in St. Martin Parish, Louisiana. Located just outside of St. Martinville, this expansive tract boasts significant frontage on both Highway 31 and Leed Champagne Road, offering excellent accessibility and visibility. Currently utilized as farmland, the land is versatile and presents potential for various development projects, allowing for flexibility in future use. The open acreage provides ample space for a range of possibilities, from agricultural expansion to residential or commercial development, subject to local zoning regulations. The property's strategic location offers convenient access to St. Martinville's amenities while maintaining a tranquil rural setting. The asking price for this substantial land parcel is $973,200. Detailed surveys and environmental reports are available upon request. This is an exceptional opportunity to acquire a large, well-situated tract of land with significant potential for future growth and development. The address is listed as TBD Main Highway, St. Martinville, LA 70582. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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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.