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    OFF-MARKET
    Land

    0 Highway 22, Sorrento, LA 707748

    4 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 4-acre commercial land parcel presents a remarkable investment opportunity in Sorrento, Louisiana. Boasting over 500 feet of road frontage directly on Highway 22, this property offers unparalleled visibility and accessibility. The lot enjoys road frontage on three sides, maximizing exposure and potential development options. Its strategic location provides easy access to both Airline Highway and Interstate 10, ensuring seamless connectivity to major transportation arteries. The proximity to a public boat launch adds further appeal, potentially attracting businesses catering to recreational activities. This expansive tract is ideally suited for a wide range of commercial ventures, from retail establishments and restaurants to light industrial uses. The asking price is $1,200,000. The property's address is 0 Highway 22, Sorrento, LA 707748. This is a rare opportunity to acquire a highly visible and conveniently located commercial property in a growing Louisiana community. Don't miss out on this chance to secure a prime piece of real estate with significant development potential.

    Property profile
    Verified
    Property type Land
    Lot 4 ac (174,240 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
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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