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Mixed-use properties

2024 Chemin Metairie Pkwy Youngsville, LA 70592

14.45 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 14.45-acre mixed-use property presents a unique redevelopment opportunity in the thriving Youngsville, Louisiana market. Strategically located at the corner of Chemin Metairie Parkway and Savoy Road, this site offers unparalleled visibility and accessibility. Its prime location is directly adjacent to the Youngsville Sports Complex, across Chemin Metairie Road from the Sugar Mill Pond master-planned community, and across Savoy Road from the Cypress Gardens single-family development with retail frontage. This advantageous positioning ensures high traffic volume and exposure to a diverse customer base. The property's expansive size allows for a wide range of development possibilities, including mixed-use projects, hospitality ventures, retail spaces, multifamily housing, or general commercial developments. The layout is well-suited for a variety of uses, making it an attractive investment for developers seeking a high-impact project in a rapidly growing area. The asking price for this exceptional property is $5,488,560. This is a rare opportunity to acquire a significant land parcel in a highly desirable location with exceptional growth potential. The property is zoned for commercial use and is ready for immediate development. Don't miss this chance to capitalize on the burgeoning Youngsville market.

Property profile
Verified
Property type Mixed-use properties
Lot 14.45 ac (629,442 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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