Property summary
This exceptional 8.12-acre parcel presents a unique residential development opportunity in Folsom, Louisiana. Located on Pig Morgan Road in St. Tammany Parish, this A-1 zoned property offers ample space for various residential projects. Priced at $130,000, or approximately $16,009.85 per acre, this land is ideal for those seeking a substantial investment. The property boasts convenient access to key transportation arteries, including proximity to Covington (12 miles), Ronald Reagan Highway (10 minutes), and Interstate 12 (15 minutes). Additional nearby access points include Bennett Bridge Road (LA-1077) at 0.5 miles, LA-40 (3 miles), and LA-25 (4.5 miles). Nature enthusiasts will appreciate the 15-minute proximity to the Tchefuncte River. This 1031 exchange-eligible property is ready for your vision. The property's size and zoning make it a prime candidate for residential construction, offering significant potential for future growth and return on investment. This is a rare opportunity to acquire a sizable residential lot in a desirable location. Don't miss out on this chance to build your dream project or expand your real estate portfolio.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
