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Property profile & analytics
OFF-MARKET
Land

18 Amite Rd Forest Hill, LA 71430

62 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 62-acre commercial property in Forest Hill, Louisiana, presents a unique investment opportunity. Located on Highway 165 S, the high-visibility site boasts significant versatility. Previously a thriving nursery, the land includes substantial existing infrastructure, ideal for continued agricultural use or redevelopment. This includes six buildings, five of which are currently generating rental income as occupied homes for employees or tenants. The property's agricultural infrastructure is extensive, featuring greenhouses, buried water pipes, and a comprehensive sprinkler system supported by two stocked ponds and multiple water wells (seven 4-inch wells and one 6-inch well). Electricity extends to the rear of the property. High traffic counts on Highway 165 S ensure excellent accessibility, making this location suitable for a wide range of commercial ventures. The combination of existing income-generating properties, robust infrastructure, and prime location makes this a compelling investment opportunity for those seeking high-visibility commercial land with significant potential for development or continued agricultural use. The asking price is $830,000. This property is for sale by owner.

Property profile
Verified
Property type Land
Lot 62 ac (2,700,720 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
Current use
Occupant on record · Public records
  • Advertising Wholesaler Department Store
  • myRVbuddy Auto Repair Shop
  • Robert Strange Nursery Garden Center Landscaping
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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