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Property profile & analytics
OFF-MARKET
Land

0 Tbd Main Hwy Saint Martinville, LA 70582

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
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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