Technical
Financial
Distress signals
Property profile

0 Miller Ave Iowa, LA 70647

OFF-MARKET
Land
0.47 ac lot
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Property summary

AI-generated overview

This exceptional 0.47-acre vacant land parcel presents a unique investment opportunity in Iowa, Louisiana. Strategically located near the Iowa Mall and a Dollar Store, this property enjoys high visibility and convenient access. Its position between two I-10 exits ensures excellent connectivity and accessibility. The absence of zoning regulations offers considerable flexibility for development plans. City water, sewer, and gas services are readily available, simplifying infrastructure needs. This attractive lot is priced at $75,000, representing a compelling value proposition. Further enhancing its appeal, additional acreage is available behind the property, providing potential for expansion or larger-scale projects. The current asking price is significantly below the $100,000 per acre market value for similar properties in the area. Detailed plat information is available upon request. This is a rare opportunity to acquire a well-situated, versatile parcel of land in a thriving Louisiana community. The property's location and amenities make it suitable for a variety of commercial or residential uses. Don't miss this chance to secure a prime piece of real estate in a high-growth area. The address is E. Miller Ave Lot 13, Iowa, LA 70647.

Property profile

Verified
Property type Land
Lot 0.47 ac (20,473 SF)

Cap rate & NOI

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

Location

Miller Ave Iowa, LA 70647
Iowa metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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