Property summary
This exceptional 12.9-acre commercial land parcel presents a unique investment opportunity in Carencro, Louisiana. Strategically located at the intersection of I-49 and North University Avenue, this unzoned property boasts excellent visibility and convenient access from the interstate. The substantial 700-foot frontage along the thoroughfare provides ample space for development. Ideal for a large-scale distribution center or similar commercial ventures, the property's size and location offer significant potential. The property also includes two existing homes, one currently vacant and the other rented, along with a barn. These structures are situated in the southwest corner of the property. Note that an overhead powerline traverses the land, and the property is adjacent to Coastal Pipe. The asking price is $1,600,000, translating to approximately $124,031 per acre. One home on the property was built in 1860. The property's APN is 6150611
Property profile
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Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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