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    Property profile & analytics
    FOR LEASE
    Commercial land

    17775 Airline Hwy, Prairieville, LA 70769

    3 ac lot
    Entity Owned 5-yr Hold Free & Clear
    Property ID
    US36-0444386
    Property summary
    AI-generated overview

    This exceptional 15,205-square-foot warehouse, formerly a fitness center, presents a unique opportunity for redevelopment. Situated on a spacious 3-acre lot, the property boasts over 330 feet of frontage on Airline Highway in Prairieville, Louisiana, conveniently located just north of Perkins Road. The building's versatile layout makes it suitable for a variety of retail or industrial uses. Significant recent improvements include a brand-new sewer system and completely updated electrical panels, ensuring efficient and reliable operation. The ample lot size offers significant potential for expansion, allowing for additional building improvements or the creation of a substantial laydown yard. The property's Ascension Parish location provides easy access to major transportation routes, making it an attractive option for businesses seeking a strategic location with excellent visibility. The property's single-tenant occupancy status offers immediate possession and control. The APN is 10033900. This is a rare opportunity to acquire a well-located, improved industrial property with significant upside potential.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 3 ac (130,680 SF)
    APN 10033900
    UPID US36-0444386
    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
    Current use
    Occupant on record · Public records
    • Harvey Lindsey Physician
    • American Federation Unions Advocacy Group
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $995k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.09M
    Owner & transaction history
    Bayou Land Properties INC · 5 yrs held
    Bayou Land Properties INC
    since 2021
    Last sale
    $1.2M
    2 recorded transactions
    2021
    $1.2M
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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