I-49 Lot5 Opelousas Ln 70570 Opelousas, LA 70570
This exceptional 2.31-acre commercial lot presents a remarkable investment opportunity in Opelousas, Louisiana. Situated on I-49 Service Road South, Lot 5 offers unparalleled visibility and accessibility, boasting a high-traffic location ideal for businesses seeking maximum exposure. The property benefits from its strategic placement within a new commercial development, enjoying proximity to established businesses such as Giles Nissan, medical offices, and the Opelousas General South Campus. This ensures a strong existing customer base and a vibrant surrounding community. The site's convenient access to Interstate 49 facilitates effortless commutes and regional travel, a significant advantage for businesses and their employees. Further enhancing its appeal, a prominent monument sign is situated on I-49, guaranteeing exceptional brand visibility. The developer is also providing off-site retainage, adding to the overall value and convenience of this exceptional offering. While this particular lot is 2.31 acres, the developer indicates that various lot sizes remain available, catering to a range of business needs and expansion plans. This prime location and the developer's commitment to infrastructure improvements make this an unparalleled opportunity for commercial development in a thriving Louisiana market. The asking price for this exceptional property is $554,554.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.