0 Miller Ave, Iowa, LA 70647
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 prime position between two I-10 exits ensures excellent connectivity and exposure to significant traffic volume. The absence of zoning regulations offers considerable flexibility for development. City water, sewer, and gas services are readily available, simplifying infrastructure needs. This property is further enhanced by the possibility of acquiring additional acreage located directly behind the current parcel. The asking price is $75,000, representing a compelling value given the location and potential. Detailed plat information is available upon request. The property's address is E. Miller Ave, Lot 12, Iowa, LA 70647. While the current listing is for 0.47 acres, additional land is available for purchase, offering potential for expansion or larger-scale projects. This presents a rare chance to acquire land in a high-traffic area with minimal regulatory constraints. The property's proximity to major retail and convenient highway access makes it ideal for a variety of commercial ventures.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.