Technical
Financial
Distress signals
Property profile

7700 Johnston St Maurice, LA 70555

OFF-MARKET
Land
5.75 ac lot
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Property summary

AI-generated overview

This exceptional 5.75-acre commercial land parcel is strategically located at the corner of Highway 167 and Leblanc Road, just north of Maurice, Louisiana. The property boasts excellent visibility from Highway 167, making it ideal for a variety of commercial uses. The lot size is 5.75 acres, with the APN listed as 6069972 and zoned for Parish use. This offering presents a unique opportunity, as it can be combined with the adjacent 5.75-acre tract (Tract 1B, sold separately at the same price) to create a substantial 11.5-acre development site. The property's proximity to Maurice (approximately one mile north) and Lafayette (approximately five miles south) provides convenient access to a significant population base and established infrastructure. The asking price for this prime commercial land, Tract 1A, is $245,000. This is a rare opportunity to acquire a highly visible and versatile commercial property in a rapidly growing area. Serious inquiries are encouraged.

Property profile

Verified
Property type Land
Lot 5.75 ac (250,470 SF)

Cap rate & NOI

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

Location

7700 Johnston St Maurice, LA 70555
Maurice metro
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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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