0 Miller Ave, Iowa, LA 70647
This exceptional 0.48-acre vacant land parcel presents a unique investment opportunity in Iowa, Louisiana. Strategically located near the Iowa Mall and a dollar store, this property enjoys high visibility and convenient access, situated between two I-10 exits. The absence of zoning regulations offers considerable flexibility for development plans. City water, sewer, and gas services are readily available, simplifying infrastructure needs. The asking price is $75,000, representing a compelling value given the location and potential. Further enhancing its appeal, additional acreage is available behind the property, providing opportunities for expansion or larger-scale projects. Detailed plat information is accessible upon request. This property's prime location and development potential make it an attractive investment for both short-term and long-term gains. The current asking price is significantly below the $100,000 per acre valuation, presenting a strong return on investment. Don't miss this chance to acquire a highly desirable piece of land in a thriving Louisiana community. The property is identified as E. Miller Ave Lot 4, Iowa, LA 70647.
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
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.