38469 Highway 42, Prairieville, LA 70769
For Lease
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This exceptional 12,000 square foot retail space presents a prime opportunity in Prairieville, Louisiana. Located at 38469 Hwy 42, this single-tenant building sits on a 1.26-acre lot and enjoys a highly visible position at the entrance to the new Windsor Park residential community, a development encompassing 92 homes. The property benefits from its proximity to a major intersection – less than a mile east of Airline Hwy and Hwy 42, one of Prairieville's busiest thoroughfares, experiencing approximately 23,196 vehicles daily. The surrounding area is characterized by a dense residential population, further enhanced by the construction of several new neighborhoods including Windsor Park and The Meadows at Oak Grove. Recent road improvements on this section of Hwy 42 have significantly enhanced accessibility and traffic flow, making this location even more attractive. This proposed upscale building offers flexibility
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.