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    Property profile & analytics

    New Highway 51 LaPlace, LA 70068

    • Land
    • 1.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 New Highway 51

    Lot size
    1.00 lot acres
    Property type
    Land

    Description

    This exceptional 1-acre commercial land parcel, located on Highway 51 in LaPlace, Louisiana, presents a remarkable investment opportunity. Zoned C-3, this property offers significant potential for a variety of commercial developments. The asking price is $174,240, translating to a land value of $4 per square foot. The lot, identified by APN 0495026101, is mostly cleared and conveniently situated just 10 minutes from Interstate 10, ensuring excellent accessibility and visibility. All utilities and sewer services are readily available, simplifying the development process. The property's size allows for flexibility

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    LaPlace
    County
    St. John the Baptist Parish
    State
    Louisiana
    Longitude
    -90.4501
    Latitude
    30.0846

    Comparable in this City

    • Value Estimation by Request
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      27.00 Acres

      New Highway 51

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    • Value Estimation by Request
      2.00 Acres

      910 Belle Terre Blvd

      Land • 2.00 Acres
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    • Value Estimation by Request
      221.00 Acres

      Mile 141.5 Bank Riv

      Land • 221.00 Acres
      Mile 141.5 Bank Riv, LaPlace, LA 70068
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    Similar Nearby for Lease

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      Prime QSR Hwy 51 & I-10

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      4292 Us-51, LaPlace, LA 70068
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    New Highway 51
    LaPlace, LA 70068
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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