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    Russo Milazzo Rd Saint Martinville, LA 70582

    • Land
    • 44.60 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Russo Milazzo Rd

    Lot size
    44.60 lot acres
    Property type
    Land

    Description

    This exceptional 44.6-acre property presents a unique opportunity for residential development near St. Martinville, Louisiana. Located on Russo Milazzo Road, the land boasts approximately 230 feet of road frontage. The front portion, roughly 15 acres, was previously used for sugarcane farming. The property is zoned R-2, allowing for various residential uses, including the potential for a mobile home park. The rear 29 acres are heavily wooded and border Cypress Island Coulee. Note that a portion of the rear acreage falls within the 100-year floodplain. Public water is available to the property. Currently, there is no existing plat available for the land. Convenient access is also provided via Laurie Lane and Cypress Creek Road. The asking price is $155,000, translating to approximately $3,632 per acre. The property's APN is 1450002465. This land offers significant potential for a variety of residential projects, making it an attractive investment in a desirable Louisiana location. Buyers are advised to conduct their own due diligence regarding zoning regulations and flood plain information.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Saint Martinville
    County
    St Martin Parish
    State
    Louisiana
    Longitude
    -91.8365
    Latitude
    30.1562

    Comparable in this City

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      Tbd Main Hwy

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    • Value Estimation by Request
      7.60 Acres

      5579 Resweber Hwy

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      5579 Resweber Hwy, Saint Martinville, LA 70582-6242
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    • Value Estimation by Request
      780 SF

      1015 Andrew Dr

      MOBILE HOME PARK, TRAILER PARK • 780 SF
      1015 Andrew Dr, Saint Martinville, LA 70582
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    • Value Estimation
      $345,000
      7,452 SF

      1984 Cypress Is Hwy

      MOBILE HOME PARK, TRAILER PARK • 7,452 SF
      1984 Cypress Is Hwy, Saint Martinville, LA 70582-6527
      View Details

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    Saint Martinville, LA 70582
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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