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Property profile & analytics
OFF-MARKET
Land

0 Vaughn Dr Port Allen, LA 70767

0.91 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.91-acre commercial land parcel presents a unique investment opportunity in Port Allen, Louisiana. Located on N Vaughn Dr, this property boasts an impressive average daily traffic count of 48,000 vehicles, ensuring high visibility and accessibility for any business. Its strategic location offers close proximity to a Walmart Supermarket, maximizing convenience and attracting a substantial customer base. Adding to its appeal, the property is adjacent to a new Whitewater Carwash, scheduled to open late 2023, further enhancing the area's commercial activity and drawing additional traffic. The site is situated in West Baton Rouge Parish, a thriving area with a population of approximately 28,000 (2020 Census), and benefits from well-developed transportation infrastructure, including Interstate 10, LA 1, and US Route 190, providing easy access to neighboring areas and the Baton Rouge Metropolitan Airport. The Port of Greater Baton Rouge, a major shipping hub, contributes significantly to the area's robust economy. Build-to-suit options are considered, making this property ideal for a variety of commercial ventures. The property's APN is 305400000103|2. The asking price is $700,000, representing a land value of $769,231 per acre. This is a rare opportunity to acquire a highly desirable commercial property in a rapidly growing market.

Property profile
Verified
Property type Land
Lot 0.91 ac (39,640 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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