Technical
Financial
Distress signals
Property profile

0 Miller Ave Iowa, LA 70647

OFF-MARKET
Land
0.47 ac lot
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Property summary

AI-generated overview

This exceptional 0.47-acre vacant land parcel presents a unique investment opportunity in Iowa, Louisiana. Strategically located adjacent to the Iowa Mall and a dollar store, this property benefits from high visibility and convenient access. Its position between two I-10 exits ensures excellent connectivity and exposure to significant traffic volume. The absence of zoning regulations offers considerable flexibility for development, making it suitable for a wide range of commercial ventures. Further enhancing its appeal, city water, sewer, and gas services are readily available. The asking price is $75,000, representing a compelling value given the prime location and potential. For those seeking a larger footprint, additional acreage is available behind the listed lot. The seller is offering the land at $100,000 per acre for any additional acreage purchased. Detailed plat information is available upon request. This property is an ideal choice for developers and investors seeking a high-impact location with significant growth potential. Don't miss this chance to acquire a piece of prime commercial real estate in a thriving Louisiana community. The property is located at E. Miller Ave Lot 16, Iowa, LA 70647.

Property profile

Verified
Property type Land
Lot 0.47 ac (20,473 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Miller Ave Iowa, LA 70647
Iowa metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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