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Property profile & analytics
OFF-MARKET
Commercial land

200 1st St Amite, LA 70422-2404

4 ac lot
Individually Owned 16-yr Hold Free & Clear
Property ID
US36-1740462
Property summary
AI-generated overview

This exceptional commercial property, priced at $250,000, presents a unique investment opportunity in the heart of Amite, Louisiana. Situated on a 1.3-acre lot at 200 and 202 North First Street, this property boasts an unparalleled location, just four blocks from the Amite City courthouse and other government buildings, ensuring high visibility and accessibility. Its proximity to Hood Memorial Hospital, only three blocks away, further enhances its strategic value. The property's convenient location, one block from US Highway 51, guarantees excellent exposure to a high volume of daily traffic. This prime location places the property within easy reach of essential amenities, including banks, restaurants, and the post office, catering to a diverse clientele. The property's central location within the downtown area offers significant potential for a variety of commercial ventures, benefiting from the established infrastructure and high foot traffic of the city center. The substantial lot size provides ample space for development or expansion, making it an ideal investment for both established businesses and new ventures seeking a prominent presence in Amite. The property's strategic positioning and accessibility make it a highly desirable location for a wide range of commercial uses. Serious inquiries are encouraged to explore the full potential of this exceptional commercial property.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 4 ac (174,240 SF)
APN 369705
UPID US36-1740462
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Alison B Etal Calamia · 16 yrs held
Alison B Etal Calamia
since 2009
1 recorded transaction
2009
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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