37044 Perkins Rd, Prairieville, LA 70769-3210
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.