For Sale
$1,200,000

40512 La-42 Prairieville, LA 70769

Prime Prairieville acreage, ideal for development.

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 4.26-acre parcel, located at the highly visible intersection of Hwy 42 and Hwy 44 in Prairieville, Louisiana, presents a remarkable investment opportunity. Situated directly across from a Walmart Neighborhood Market, this property boasts a strategic location within a thriving commercial corridor. The MU2 zoning permits both intensive residential and commercial development, making it suitable for a variety of projects, including single-family and multi-family housing. Currently, a house on the property is leased, providing potential rental income. The site benefits from its position on a well-lit intersection, ensuring high visibility and accessibility. With over 27,000 vehicles passing daily, this location offers unparalleled exposure. The property is in Flood Zone X, eliminating the need for flood insurance. Convenient access to major state and US highways further enhances its appeal. The land is largely cleared, simplifying development. Adjacent to the property, an additional 0.79 acres is also available for purchase. This property's combination of location, zoning, and accessibility makes it an exceptional opportunity for developers seeking a high-impact investment in a rapidly growing market. The Ascension Parish location offers strong average household incomes and high traffic counts. The property's APN is 7553009. The asking price is $1,200,000, with a land value of $8.50 per square foot.

Highlights

  • $1,200,000 asking price for 4.26 acres of land.
  • Located at the intersection of Hwy 42 & Hwy 44 in Prairieville, LA.
  • Across from Walmart Neighborhood Market.
  • MU2 zoning allows for single and multifamily development.
  • Existing house currently leased.
  • High-traffic location on a major thoroughfare in Ascension Parish.

Property Details for 40512 La-42

Property type
Land, High-rise multifamily apartments
Lot Size (sq. ft)
185,566 SF

Location Insight

City
Prairieville
County
Ascension Parish
State
Louisiana
Latitude
30.3242053
Longitude
-90.9232399

FAQs

What type of property is this?
Land - Prime Prairieville acreage, ideal for development.
Where is the land located?
The property is located at 40512 La-42 Prairieville, LA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: $1,200,000 asking price for 4.26 acres of land.; Located at the intersection of Hwy 42 & Hwy 44 in Prairieville, LA.; Across from Walmart Neighborhood Market.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
40512 La-42
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message