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Property profile & analytics
OFF-MARKET
Commercial real estate

4744 B Hwy Raceland, LA 70394

34 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 34-acre commercial property in Raceland, Louisiana, presents a unique investment opportunity. Ideally situated between St. Anthony Street and Central Lafourche High School, this expansive parcel offers significant potential for various development projects. Currently featuring a two-bedroom, two-bathroom home, the land provides a versatile foundation for a range of uses. The property's size and location make it particularly well-suited for subdivision development, allowing for the creation of a new residential community. However, its ample acreage also lends itself to agricultural ventures or other large-scale commercial endeavors. The tranquil surroundings offer a desirable setting for any development, while the strategic location ensures convenient access to local amenities and transportation routes. This property represents a rare chance to acquire a substantial land holding with immense potential for growth and return on investment. The existing home provides immediate utility and potential rental income while development plans are underway. Serious inquiries are encouraged to explore the possibilities of this remarkable property. The asking price is $350,000.

Property profile
Verified
Property type Commercial real estate
Lot 34 ac (1,481,040 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
AI Approach AI
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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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