0 Davis Dr, Pineville, LA 71360
This exceptional 2.54-acre multifamily development opportunity in Pineville, Louisiana, presents a compelling investment prospect. Located at 0 Davis Dr, 71360, this property boasts four contiguous tracts, offering significant flexibility for development. The land is zoned for multi-family use, making it ideal for constructing apartments or townhouses. One tract already features a duplex foundation, ready for framing, representing a significant head start on construction. The property's location in Rapides Parish, Louisiana, provides access to local amenities and infrastructure. The APN numbers are 0401802440001201, 0401875092000701, 0401875092000601, and 0401875092000801. The asking price for this prime development land is $141,000. Note that the property is situated in an AE flood zone, a factor that should be considered in any development plans. This presents a unique chance to acquire a substantial parcel of land with existing infrastructure, poised for immediate development in a growing area. The property's size and zoning make it suitable for a variety of multifamily projects, catering to the increasing demand for housing in the region. Serious inquiries are encouraged to explore this lucrative investment opportunity further.
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.