4700 La-17 Delhi, LA 71232
This exceptional 183-acre property in Delhi, Louisiana, presents a significant investment opportunity. Priced at $3,750,000 ($20,492/acre), this expansive land parcel offers diverse zoning allowing for agricultural, commercial, and residential uses. The property boasts extensive road frontage: 2,655 feet along LA-17 (with over 4,000 vehicles daily), 905 feet along Poverty Point Parkway, and 3,387 feet along Coles Creek Road. Its strategic location directly borders the Black Bear Golf Club and is situated just north of Poverty Point Lake, a popular tourist destination attracting over 100,000 visitors annually. The property's proximity to the I-20 corridor (300,000+ vehicles daily) and the rapidly developing Holly Ridge area (a 1,400-acre facility bringing hundreds of new jobs) further enhances its development potential. The seven separate parcels offer flexibility for various projects, benefiting from access to major roadways, local schools, and essential commodities within Delhi's city center. This is a rare opportunity to acquire a large, versatile tract of land in a high-growth area of Louisiana. The property is comprised of seven separate parcels and is zoned for Agricultural, Residential, and Commercial uses.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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