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Property profile & analytics
OFF-MARKET
Specialty properties

15401 Martin Rd Maurepas, LA 70449

422 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 422-acre agricultural property, located at 15401 Martin Rd, Maurepas, LA 70449 (APN 0480632), presents a unique investment opportunity in Livingston Parish. Situated near Lake Maurepas, this expansive tract offers diverse potential uses. Its proximity to existing wetland mitigation bank properties makes it particularly suitable for development as a similar venture, capitalizing on the growing demand for environmental mitigation solutions. Alternatively, the land's size and location make it ideal for recreational purposes, including hunting and other outdoor activities. The property's substantial acreage provides ample space for a variety of uses, from large-scale farming operations to private retreats. The asking price for this significant landholding is $1,055,000. Given its strategic location and versatile potential, this property represents a compelling investment opportunity in a desirable Louisiana location. Serious inquiries are encouraged to explore the full potential of this remarkable land parcel. The property is easily accessible via Martin Road, offering convenient access to the surrounding area. Buyers are encouraged to conduct their own due diligence regarding zoning regulations and potential uses.

Property profile
Verified
Property type Specialty properties
Lot 422 ac (18,382,320 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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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