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Property profile & analytics
OFF-MARKET
Land

0 Airline Hwy Reserve, LA 70084

15.2 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 15.2 ac (662,112 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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