00 I-20Hwy 157 Princeton, LA 71037
This exceptional 260-acre tract presents a remarkable investment opportunity situated at the intersection of I-20 and Highway 157 in Haughton, Louisiana. Boasting road frontage on I-20, Highway 157, and Highway 80, this strategically located property offers unparalleled access and visibility. The land is zoned RURAL and is not located in a flood zone, providing significant development flexibility. With a total asking price of $45,302,400, the price per acre ranges from $174,240 to $522,720, depending on the acreage purchased. The seller is willing to subdivide the land, offering parcels ranging in price from $4.00 to $12.00 per square foot. This expansive site is ideally suited for a wide array of commercial developments, including, but not limited to, travel centers, hotels, restaurants, fuel stations, distribution centers, car dealerships, medical facilities, pharmacies, banks, and grocery stores. The property's size, location, and zoning regulations make it an exceptional opportunity for large-scale commercial development in a high-traffic area. The total square footage of the land is 11,325,600 square feet, and the APN is 117655. This property is ready for your vision.
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
Similar Nearby for Lease
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.