0 Airline Hwy Reserve, LA 70084
This exceptional 15.2-acre commercial land parcel is strategically located on West Airline Highway in Reserve, Louisiana, offering unparalleled access and visibility. Priced at $3,641,616, this mostly cleared site presents a remarkable investment opportunity. The land boasts a price per square foot of $5.50, reflecting its prime location and development potential. All utilities and sewer services are readily available, simplifying the development process. The property's convenient proximity to Interstate 10 (within 5 minutes) ensures easy access to major transportation routes, enhancing its appeal for a wide range of commercial ventures. Furthermore, its location within walking distance of East St. John Schools adds to its desirability. The property's Assessed Parcel Number (APN) is 0460040300. This significant acreage presents a rare chance to acquire a substantial commercial property in a thriving Louisiana community. The site's size and location make it ideal for various commercial developments, offering substantial returns for discerning investors. This is a prime opportunity to capitalize on the growing commercial landscape of Reserve, Louisiana.
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
Similar Nearby for Lease
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.