11128 La-16 Amite City, LA 70422
- Land
- 2.65 lot acres
Current Use by Public Records
- Land
Property Details for 11128 La-16
- Lot size
- 2.65 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 2.65-acre commercial and industrial land parcel presents a compelling investment opportunity in Amite City, Louisiana. Strategically located on a hard corner with a traffic light, this property boasts unparalleled visibility and accessibility. Its proximity—just 0.2 miles from Interstate 55—offers seamless connectivity to the vital Memphis-New Orleans trucking corridor, ensuring high traffic volume and excellent exposure for any development. The land is priced at $1,300,000, translating to $490,566 per acre, reflecting its prime location and development potential. Amite City's recent growth trajectory further underscores the value of this site, making it an attractive proposition for investors seeking substantial returns. The existing surface parking lot provides immediate utility, while the expansive acreage allows for a wide range of development possibilities, catering to diverse commercial and industrial needs. This is a rare chance to acquire a significant land holding in a thriving Louisiana community poised for continued expansion. The combination of high visibility, convenient access, and a growing market makes this property an exceptional investment opportunity. Don't miss this chance to capitalize on the potential of this strategically located parcel.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Amite City
- County
- Tangipahoa Parish
- State
- Louisiana
- Longitude
- -90.5377
- Latitude
- 30.726
