0 Airline Hwy Reserve, LA 70084
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.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.