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    OFF-MARKET
    Commercial land

    37044 Perkins Rd, Prairieville, LA 70769-3210

    1 ac lot
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US36-1740109
    Property summary
    AI-generated overview

    This exceptional 0.96-acre commercial land parcel in Prairieville, Louisiana, presents a compelling investment opportunity. Located at 37044 Perkins Road, the property boasts approximately 300 feet of frontage, ensuring high visibility and accessibility. The site is zoned MU2, offering a range of development possibilities. Its strategic location along Perkins Road, with easy access to Airline Highway and Highland Road, places it within a thriving area experiencing significant growth. The property benefits from all utilities already on-site, simplifying development plans. With a 2022 traffic count of 15,000 vehicles per day, this location guarantees substantial exposure for any future development. The asking price is $400,000, translating to a land value of $9.56 per square foot. The property's APN is 20033681. Surrounded by established single-family residential communities, this site is ideally positioned to capitalize on the area's continued expansion and strong demand. This is a rare opportunity to acquire a prime commercial lot in a rapidly developing market. Don't miss this chance to secure a piece of Prairieville's vibrant future.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 1 ac (43,560 SF)
    APN 20033681
    UPID US36-1740109
    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
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    & OUT LLC · 2 yrs held
    & OUT LLC
    since 2024
    Last sale
    $300,000
    1 recorded transaction
    2024
    $300,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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