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Property profile & analytics
OFF-MARKET
Mixed-use properties

61609 Us-51 Amite City, LA 70422

2,000 SF 28.53 ac lot Built 2000
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity encompasses a substantial 28.53-acre parcel in Amite City, Louisiana, boasting significant road frontage (over 260 feet) along Highway 51. The property features two mixed-use buildings, currently operating at 100% occupancy, providing immediate cash flow. Each building offers 2 units, totaling 2,000 square feet, with a price per square foot of $215. Constructed in 2000, these properties underwent a comprehensive renovation in 2020, ensuring modern amenities and long-term value. The asking price for this lucrative investment is $430,000. The strategic location on a major highway offers excellent visibility and accessibility, making it ideal for a variety of uses. The substantial lot size presents significant potential for future development or expansion. This turnkey investment is perfect for those seeking immediate returns and long-term growth in a thriving Louisiana market. The property is located at 61609 US-51, Amite City, LA 70422, within Tangipahoa Parish. This is a rare opportunity to acquire a well-maintained, income-generating property with considerable upside potential.

Property profile
Verified
Property type Mixed-use properties
Year built 2000
Total area 2,000 SF
Lot 28.53 ac (1,242,767 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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