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Property profile & analytics
OFF-MARKET
Land

0 Airline Hwy Reserve, LA 70084

154 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 154-acre commercial land parcel presents a significant investment opportunity in Reserve, Louisiana. Located on West Airline Highway, this largely cleared property boasts convenient access to Interstate 10, just five minutes away, ensuring excellent connectivity for any commercial venture. The property is zoned R-1 and C-3, offering flexibility for a wide range of development possibilities. All utilities and sewer services are readily available, simplifying the development process. The asking price is $8,720,712, translating to a land value of $1.30 per square foot. The property's location offers added advantages, being within walking distance of East St. John Schools, making it an attractive site for businesses catering to families and the local community. The Assessor's Parcel Number (APN) is 0460040300. This substantial acreage provides ample space for large-scale commercial projects, benefiting from its strategic location and readily available infrastructure. Serious inquiries are encouraged to explore the full potential of this prime commercial land.

Property profile
Verified
Property type Land
Lot 154 ac (6,708,240 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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