40512 La-42Prairieville, LA 70769
- Residential income properties
- 4.26 AC
Property Details for 40512 La-42
- Lot size
- 4.26 AC
- Property type
- Residential income properties
- Property subtype
- Multifamily properties
Description
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.
Location Insight
- City
- Prairieville
- County
- Ascension Parish
- State
- Louisiana
- Latitude
- 30.3242
- Longitude
- -90.9232
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- 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 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 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].