437 Airline HwyGonzales, LA 70737

  • Commercial real estate
  • 1.95 AC

Property Details for 437 Airline Hwy

Lot size
1.95 AC
Property type
Commercial real estate
APN
20003229
APU
20003229

Description

This exceptional 1-acre commercial land parcel presents a unique opportunity for retail development in the thriving Gonzales, Louisiana market. Located at 437 N Airline Hwy, this property boasts a total buildable area of 43,560 square feet, currently vacant and ready for immediate development. The site is zoned C-1, allowing for a variety of retail uses. Built in 2015, the land offers convenient access via an easement through the parking lot of a nearby established business. Its strategic location sits just off Airline Highway, providing high visibility and accessibility, with prominent neighbors including Off the Hook and Piccadilly. The property's single-tenant configuration offers flexibility for developers seeking a tailored solution. Ground lease and build-to-suit options are available, providing considerable negotiation flexibility for prospective buyers. This prime location in Ascension Parish, Louisiana (zip code 70737), offers significant potential for investors and developers seeking a high-impact retail presence in a rapidly growing area. The property's size and location make it ideal for a variety of retail concepts. Contact us to discuss the possibilities and explore the potential of this exceptional investment opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $13,649,344
    Hospitality
    $12,502,726
    Educational
    $10,402,121
    Medical
    $10,759,866
    Retail
    $16,181,078

Location Insight

City
Gonzales
County
Ascension
State
Louisiana
Latitude
30.2354
Longitude
-90.9123
CBSA code
12940
CBSA name
BATON ROUGE, 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
$8,846
$29,000
$51,900
$80,900
-
$290,000
$346,000
$636,000

FAQs

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