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
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Lakewood Dr Luling, LA 70070
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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