125 Lakewood DrLuling, LA 70070

  • Commercial land
  • 40.45 AC
For Sale
$675,000 View listing

Property Details for 125 Lakewood Dr

Lot size
40.45 AC
Property type
Commercial land
APN
-7- 028 024 00001
APU
702802400001

Description

This exceptional 40.45-acre parcel presents a remarkable opportunity for residential development in the desirable Luling, Louisiana area. Located at 125 Lakewood Dr, 70070, this property boasts a strategic zoning mix ideal for a diverse project. Approximately 32 acres are zoned R1A, perfect for single-family homes, catering to the growing demand for individual residences. An additional approximately 12.5 acres are zoned R-3, allowing for the development of multi-family dwellings, such as townhouses or apartments, further enhancing the project's potential. The property's location in St. Charles Parish offers convenient access to local amenities and infrastructure. The asking price is $675,000. The property's APN is 702802400001. Note that the property is situated in flood zone AE. This land presents a unique chance to create a thriving residential community in a high-demand location. Investors and developers are encouraged to explore the significant potential of this expansive and strategically zoned property. Bring your vision and capitalize on this exceptional opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $542,856,000
    Retail / Commercial
    $284,765,000
    Mixed-Use / Specialty
    $288,787,000
    Hospitality / Lodging
    $218,431,000
    Office
    $292,317,000
    Institutional / Educational
    $302,022,000
    Residential Income
    $353,366,000
    Multifamily
    $395,885,000
    Automotive / Energy
    $258,876,000
    Parking / Income-Based Land
    $84,358,800
    Restaurant / Food Service
    $160,950,000
    Healthcare / Senior Housing
    $290,980,000

Location Insight

City
Luling
County
Saint Charles
State
Louisiana
Latitude
29.9079
Longitude
-90.347
CBSA code
35380
CBSA name
NEW ORLEANS-METAIRIE-KENNER, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$140
$1,254
-
$1,254
-
$12,540
-
$12,540

FAQs

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