Property profile

0 Highway 22 Sorrento, LA 707748

OFF-MARKET
Land
4 ac lot
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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

Location

Highway 22 Sorrento, LA 707748
Sorrento metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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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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