Property profile

0 New Highway 51 LaPlace, LA 70068

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional commercial land offering presents a rare opportunity in Laplace, Louisiana. The property encompasses 24,647 square feet of cleared land, ideally situated on New Highway 51. The lot dimensions are approximately 100.64 feet by 254.84 feet, providing ample space for various commercial developments. This strategically located parcel benefits from its C-3 zoning, allowing for a wide range of commercial uses. All utilities and sewer services are readily available, simplifying the development process. The property's convenient location offers easy access to Interstate 10, enhancing its appeal and accessibility. The asking price is $147,882, translating to a land value of $5.50 per square foot. This represents a compelling investment opportunity given the property's size, zoning, location, and infrastructure access. The property is ready for immediate development, eliminating the need for extensive site preparation. Its high-traffic location on Highway 51 ensures excellent visibility and accessibility for any commercial venture. The APN is 0495026100|17. This prime commercial land is perfect for businesses seeking a prominent location with convenient access to major transportation routes and essential utilities. Don't miss this chance to secure a valuable asset in a thriving commercial area.

Property profile

Verified
Property type Land

Cap rate & NOI

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

Location

New Highway 51 LaPlace, LA 70068
LaPlace metro
Google Maps

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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