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    Property profile & analytics

    17444 Airline Hwy Prairieville, LA 70769

    • Commercial real estate
    • 1.86 lot acres
    For Sale
    View listing
    $1,600,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US36-0548027
    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

    • Delta Paving / General Contractor / Construction Company
    • Walter's Construction / Construction Company

    Property Details for 17444 Airline Hwy

    Lot size
    1.86 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 1.86-acre commercial land parcel presents a prime development opportunity in Prairieville, Louisiana. Located at 17444 Airline Highway, this property boasts approximately 200 feet of frontage on a major thoroughfare with a daily traffic count of approximately 22,967 vehicles, ensuring high visibility and accessibility. The Mixed-Use (MU) zoning allows for a wide range of development options, including retail, office, or mixed-use projects. Its strategic location near the Prairieville-Baton Rouge border offers convenient access to a large consumer base. The property is situated just one minute from the intersection of Highway 42 and Perkins Road, and approximately ten minutes from Interstate 10 at Highland Road, providing excellent connectivity to regional transportation networks. Nearby established businesses include a major retailer like Walmart, further enhancing the site's appeal. This property is not located within a designated flood zone, mitigating potential risk. The asking price for this exceptional development opportunity is $1,600,000. The property's size and location make it an ideal investment for developers seeking to capitalize on the area's robust growth and high traffic volume. This is a rare opportunity to acquire a significant land parcel in a thriving commercial corridor.

    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
    Prairieville
    County
    Ascension
    State
    Louisiana
    Longitude
    -90.9815814
    Latitude
    30.3282193

    Comparable in this City

    • $602,228

      Prairieville Commercial Land Opportunity

      Prime 54,748 SF Commercial Lot
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    • $270,000

      Land on Highway 74 Corner

      Corner land parcel on a busy thoroughfare, zoned residential.
      13023 Bluff Rd, Prairieville, LA 70769
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    • $150,000
      1.71 Acres

      Residential Land in Prairieville, LA

      1.71 acre lot for residential development in Prairieville, Louisiana.
      3-a-1 Aikens Rd, Prairieville, LA 70769
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    • $3,012,609
      4.94 Acres

      Prairieville Mixed-Use Land Investment

      4.94 Acres, Prime Location, High Potential
      31526 C Braud Rd, Prairieville, LA 70769
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    • $1,662,249
      2.12 Acres

      Prairieville Commercial Land Investment

      High-traffic I-10 & Hwy 73 corner lot
      73 & Interstate 10, Prairieville, LA 70769
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    • $120,000
      2.31 Acres

      Residential Land in Beechwood Estates

      2.31 acre lot in Prairieville, build your dream home!
      18070 Beechwood Rd, Prairieville, LA 70769
      View Details

    Similar Nearby for Sale

    • $602,228

      Prairieville Commercial Land Opportunity

      Prime 54,748 SF Commercial Lot
      0 Commerce Centre Dr, Prairieville, LA 70769
      View Details
    • $270,000

      Land on Highway 74 Corner

      Corner land parcel on a busy thoroughfare, zoned residential.
      13023 Bluff Rd, Prairieville, LA 70769
      View Details
    • $150,000
      1.71 Acres

      Residential Land in Prairieville, LA

      1.71 acre lot for residential development in Prairieville, Louisiana.
      3-a-1 Aikens Rd, Prairieville, LA 70769
      View Details
    • $3,012,609
      4.94 Acres

      Prairieville Mixed-Use Land Investment

      4.94 Acres, Prime Location, High Potential
      31526 C Braud Rd, Prairieville, LA 70769
      View Details
    • $1,662,249
      2.12 Acres

      Prairieville Commercial Land Investment

      High-traffic I-10 & Hwy 73 corner lot
      73 & Interstate 10, Prairieville, LA 70769
      View Details
    • $120,000
      2.31 Acres

      Residential Land in Beechwood Estates

      2.31 acre lot in Prairieville, build your dream home!
      18070 Beechwood Rd, Prairieville, LA 70769
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      20,038 SF

      Prairieville Build-to-Suit Land

      0.46-acre lot, prime location, Hwy 42
      0 Tbd La-42, Prairieville, LA 70769
      View Details
    • $20 SF/Yr
      1,875 SF

      Airline Hwy Retail Center

      Prairieville retail space, high growth area
      17097 Airline Hwy, Prairieville, LA 70769
      View Details
    • $2,400 /Mo
      1,300 SF

      Prairieville Class A Office Space

      New Class A office building in Prairieville, Louisiana for lease.
      16044 Ln Hwy 73, Prairieville, LA 70769
      View Details
    • $18 SF/Yr
      17,741 SF

      17188 Airline Hwy

      Neighborhood centers • 17,741 SF
      17188 Airline Hwy, Prairieville, LA 70769
      View Details
    • $18 SF/Yr
      3,250 SF

      Prairieville Office Space for Lease

      Class A Office Suites, Prairieville, LA
      37283 Swamp Rd, Prairieville, LA 70769
      View Details
    • $13 SF/Yr
      15,205 SF

      Prairieville Warehouse: 15,205 SF

      Prime Airline Hwy location; ideal for retail or industrial use.
      17775 Airline Hwy, Prairieville, LA 70769
      View Details
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    Prairieville, LA 70769
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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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