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Property profile & analytics
OFF-MARKET
Commercial real estate

500 Fairview Dr Berwick, LA 70342

18.83 ac lot
Property ID
US36-1969554
Property summary
AI-generated overview

This exceptional 18.83-acre development site, located at 500 Fairview Drive in Berwick, Louisiana (zip code 70342), presents a unique opportunity for residential construction. The property boasts 600 feet of frontage on Fairview Drive and an impressive 780 feet of frontage along the Bayou Teche, enhanced by a 15-foot deep steel bulkhead with tie-backs. The land is already cleared and prepared for immediate development, saving significant time and expense. The site is conveniently situated immediately west of the Willowcrest Subdivision and a short distance from the St. Mary Country Club, offering residents proximity to desirable amenities. The property is zoned R-1, Single Family Residential District, allowing for the construction of single-family homes. The Assessor's Parcel Number (APN) is 3074364027.00. This prime location, combined with its size and existing infrastructure, makes this an ideal investment for developers seeking to capitalize on the growing demand for residential properties in the Berwick area. The asking price for this exceptional opportunity is $1,750,000. Don't miss this chance to acquire a truly remarkable development site.

Property profile
Verified
Property type Commercial real estate
Lot 18.83 ac (820,235 SF)
APN 3074364027.00
UPID US36-1969554
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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