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    Highway 16 Pine Grove, LA 70453

    • Land
    • 5.30 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Highway 16

    Lot size
    5.30 lot acres
    Property type
    Land

    Description

    This exceptional 5.3-acre commercial land parcel presents a unique investment opportunity in Pine Grove, Louisiana. Strategically located at the northwest corner of Highway 16 and Highway 63, this property enjoys high visibility and convenient access. Its prime location directly across from the Grand Paradise Truck Stop ensures significant traffic exposure, making it ideal for a variety of commercial ventures. The land was recently part of a larger 509-acre tract that has successfully sold, indicating strong market demand in the area. This sizable lot offers ample space for development, allowing for flexibility in design and construction to suit diverse business needs. The asking price of $250,000 represents a compelling value for this strategically positioned property in a growing Louisiana market. With its excellent location and substantial size, this parcel is poised for immediate development and promises significant return on investment. The property's proximity to major roadways ensures easy accessibility for customers and employees alike. This is a rare opportunity to acquire a highly visible and well-situated commercial land parcel in a desirable location. Don't miss out on this chance to secure a prime piece of Louisiana real estate. The zip code is 70453.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Pine Grove
    County
    Saint Helena
    State
    Louisiana
    Longitude
    -90.8235
    Latitude
    30.6919

    Comparable in this City

    • Value Estimation by Request
      7.50 Acres

      3335 Hwy 449

      VACANT COMMERCIAL LAND • 7.50 Acres
      3335 Hwy 449, Pine Grove, LA 70453
      View Details
    • Value Estimation by Request
      5.47 Acres

      3599 Hwy 63

      COMMERCIAL (GENERAL) • 5.47 Acres
      3599 Hwy 63, Pine Grove, LA 70453-7530
      View Details

    Similar Nearby for Sale

    • $110,000
      5.00 Acres

      5-Acre Ready-to-Build Land Parcel

      Cleared, leveled 5-acre lot in Pine Grove, outside flood zone.
      29 Tung Oil Rd, Pine Grove, LA 70453
      View Details
    • $70,000
      3.68 Acres

      Land in Quiet Country Setting

      Cleared 3.68-acre lot ready for your dream home.
      435 Tung Oil Rd, Pine Grove, LA 70453
      View Details
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    Highway 16
    Pine Grove, LA 70453
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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