Technical
Financial
Distress signals
Property profile

0 Miller Ave Iowa, LA 70647

OFF-MARKET
Land
0.48 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 0.48 ac (20,909 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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