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    OFF-MARKET
    Land

    0 Jean Lafitte Blvd, Lafitte, LA 70067

    5.6 ac lot
    Property ID
    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
    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
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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