Property profile

0 Jean Lafitte Blvd Lafitte, LA 70067

OFF-MARKET
Land
5.6 ac lot
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Property summary

AI-generated overview

This exceptional 5.6-acre commercial land parcel presents a unique investment opportunity in Jean Lafitte, Louisiana. Currently zoned R-1, it offers strong potential for rezoning to C-1, unlocking a wider range of commercial development possibilities. The property boasts approximately 676 feet of frontage along Jean Lafitte Boulevard and approximately 420 feet along the picturesque Bayou Barataria, providing significant waterfront access. The land is adorned with several majestic live oak trees, some over 150 years old, potentially eligible for registration with the Louisiana Live Oak Society. A survey is available for review, detailing easement access and temporary/perpetual servitudes. The asking price is $489,000, translating to $87,321 per acre. Note that future levee extension plans by the Lafitte Levee District may impact the property. This property is ideally suited for developers seeking a prime location with significant waterfront exposure and potential for substantial commercial development. The unique combination of location, size, and waterfront access makes this a truly exceptional opportunity. Serious inquiries only.

Property profile

Verified
Property type Land
Lot 5.6 ac (243,936 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Jean Lafitte Blvd Lafitte, LA 70067
Lafitte metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

2 recent transactions · within 1.5 mi
Comparable in this city
2 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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