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    Property profile & analytics

    12687 Airline Hwy Gonzales, LA 70737

    • Commercial real estate
    • 11.50 lot acres
    For Sale
    View listing
    $1,725,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US36-0226078
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 12687 Airline Hwy

    Lot size
    11.50 lot acres
    Property type
    Commercial real estate
    APN
    20004693

    Description

    This exceptional 11.5-acre commercial land parcel presents a unique investment opportunity in Gonzales, Louisiana. Located at 12687 Airline Highway, this property boasts a prime location with convenient access via Cannon Road off Highway 44 (South Burnside Avenue). The land is comprised of three tracts, totaling approximately 11.5 acres (subject to survey), with two contiguous tracts offering frontage on Airline Highway. An additional portion of the land is situated across Airline Highway. The property is zoned MU commercial, making it ideal for a variety of development projects. With a total asking price of $1,725,000, the price per acre is $150,000. The Ascension Parish location, combined with its strategic zoning and accessibility, makes this a highly desirable site for commercial development. The property's APN is 20004693. This is a rare opportunity to acquire a significant land holding in a thriving commercial corridor. Don't miss out on this chance to capitalize on the growth potential of this exceptional property.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Gonzales
    County
    Ascension Parish
    State
    Louisiana
    Longitude
    -90.926132
    Latitude
    30.254614

    Comparable in this City

    • $800,000
      2.23 Acres

      Commerce Quarters Office Park

      Gonzales, LA commercial land
      0 Burnside Ave, Gonzales, LA 70737
      View Details
    • $2,000,000
      3.00 Acres

      Highway 44 Commercial Land - Gonzales, LA

      Prime 3-acre commercial lot, high visibility, near I-10.
      0 Highway 44, Gonzales, LA 70737
      View Details
    • $1,285,000
      2.17 Acres

      Airline Hwy Development Lot

      Prime Gonzales, LA commercial land
      14390 Airline Hwy, Gonzales, LA 70737
      View Details
    • $980,100
      5.00 Acres

      Gonzales Industrial Land - 5 Acres

      Prime Gonzales location, high traffic, development potential.
      8440 St, Gonzales, LA 70737
      View Details
    • $179,900
      0.80 Acres

      Gonzales, LA Prime Land Opportunity

      Prime land in a thriving area, zoned for mixed use.
      40531 Old Hickory Ave, Gonzales, LA 70737
      View Details
    • $139,900
      1.49 Acres

      Residential Land in Gonzales, Louisiana

      Unimproved 1.49-acre property suitable for building a dream home.
      40437 D Black Byu Ext, Gonzales, LA 70737
      View Details

    Similar Nearby for Sale

    • $650,000
      0.67 Acres

      Gonzales Commercial Land - $650K

      ±0.67-acre prime development lot. High traffic area.
      0 Burnside Ave, Gonzales, LA 70737
      View Details
    • $695,000
      3.91 Acres

      Hwy 931 Commercial Land

      Gonzales, LA commercial land, high visibility.
      0 Highway 931, Gonzales, LA 70737
      View Details
    • $595,000
      1.23 Acres

      Gonzales Retail Property - $595K

      High-traffic retail space, vacant, drive-thru potential.
      311 Burnside Ave, Gonzales, LA 70737
      View Details
    • $335,412
      1.10 Acres

      Gonzales Commercial Land - Hwy 44

      Prime 1.1-acre commercial lot.
      200 La-44, Gonzales, LA 70737
      View Details
    • $4,780,000
      106.98 Acres

      Gonzales Industrial Land - 107 Acres

      Prime industrial land, Hwy 30 frontage, Baton Rouge MSA.
      0 Louisiana 30, Gonzales, LA 70737
      View Details
    • $100,000

      Residential Lot Near Interstate

      One-acre lot near the interstate, ideal for building a home.
      38354 N Robert Wilson Rd, Gonzales, LA 70737
      View Details

    Similar Nearby for Lease

    • $13 SF/Yr
      39,354 SF

      Worthey Street Flex Space Available

      Gonzales Office/Industrial Space - 3,590 SF Available
      1068 Worthey St, Gonzales, LA 70737
      View Details
    • Contact for pricing
      39,000 SF

      Gonzales Executive Office Suites

      Upscale Gonzales office space, I-10 access.
      6473 La-44, Gonzales, LA 70737
      View Details
    • Contact for pricing
      5,760 SF

      Gonzales Flex/R&D Space For Rent

      Class A flex/R&D space in growing industrial area.
      8184 Highway 44, Gonzales, LA 70737
      View Details
    • $9 SF/Yr
      6,000 SF

      Retail/Office Space on Corner

      Retail and office space available for lease or sale.
      104 E Cornerview St, Gonzales, LA 70737
      View Details
    • $12 SF/Yr
      3,200 SF

      Gonzales Flex Space For Lease

      Modern 3200 SF Office/Warehouse
      12608 Airline Hwy, Gonzales, LA 70737
      View Details
    • $9 SF/Yr
      20,000 SF

      Prime Industrial Warehouse Duo

      Two Warehouses, Ideal for Lease
      343 Airline Hwy, Gonzales, LA 70737
      View Details
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    12687 Airline Hwy
    Gonzales, LA 70737
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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