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0 Burnside Ave Gonzales, LA 70737

OFF-MARKET Retail properties & Spaces Google Maps
0.67 ac lot
Estimated value
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Property ID

Property summary

AI-generated overview

This ±0.67-acre commercial lot, located on N Burnside Ave in Gonzales, Louisiana (APN 2840700), is zoned CIT and presents a unique development opportunity. Situated in a high-traffic area with approximately 17,964 daily vehicles passing by, this property is one of the last remaining undeveloped parcels on Burnside Ave. The site boasts excellent visibility and is strategically positioned approximately 12 minutes from Airline Hwy, providing easy access to major thoroughfares. The previous structure has been demolished, and a new AutoZone has been built nearby, indicating a thriving commercial environment. This location benefits from proximity to established businesses including Walmart, Raising Cane's, McDonald's, Planet Fitness, Whataburger, and Lowe's, further enhancing its commercial appeal. The property is also conveniently located approximately 10.3 miles south of a significant 111-acre retail redevelopment project, which is planned to include a 60,000 square foot grocery-anchored retail center. Adjacent to Lamendola's Grocery, this lot offers developers the chance to capitalize on a growing retail corridor with established demand. The property's location is also approximately 3 minutes from East Ascension High School. The asking price for this exceptional development opportunity is $650,000.

Property profile

Verified
Property type Retail properties & Spaces
Lot 0.67 ac (29,185 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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