40512 Ln Hwy, Prairieville, LA 70769
This exceptional 4.26-acre parcel of vacant land presents a remarkable investment opportunity in the thriving Prairieville, Louisiana market. Strategically located at the highly visible, lighted intersection of LA Highway 42 and LA Highway 44, this property boasts exceptional visibility and accessibility. The site is ideally suited for a variety of commercial and residential developments, benefiting from its position directly across from a Walmart Neighborhood Market and surrounded by other established businesses including Dollar General and Sonic. The property enjoys a high traffic count exceeding 27,000 vehicles daily, ensuring significant exposure for any future development. Zoned MU2 (Mixed Use), this land is designated for intensive residential and commercial development, reflecting the area's capacity for substantial growth. The strong average household income in the surrounding area further enhances the investment potential. This cleared lot offers immediate development readiness, making it an attractive proposition for developers seeking a prime location in a rapidly expanding market. The asking price is $1,200,000. This is a rare opportunity to acquire a significant land holding in a high-demand location.
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
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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.