61609 Us-51 Amite City, LA 70422
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.
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.