14061 Highway 73Prairieville, LA 70769

Property Details for 14061 Highway 73

Lot size

2.68 AC

Property type

Industrial properties

APN

5452880

APU

5452880

Description

This exceptional 2.68-acre industrial land parcel is offered for sale at $1,750,000 ($652,985/acre). Located at 14061 Hwy 73 in Prairieville, Louisiana (zip code 70769, APN 5452880), this property boasts a highly desirable location at the intersection of Interstate 10 and Highway 73. Its proximity to Dutchtown High School and the Geismar Petrochemical Corridor provides excellent access to a skilled workforce and major industrial activity. The site is zoned MU and MU2, permitting a range of commercial and industrial uses. Significant infrastructure is already in place, including sewers, utilities, and portions of roadways, making this a build-ready site. Wetlands mitigation has been completed. The MU zoning allows for intensive residential and commercial development, while MU2 permits limited commercial, retail, and service establishments compatible with surrounding residential areas. The property is situated in Flood Zone X. A lease option is also available at $9,000 per month. This presents a unique opportunity to acquire a strategically located, well-prepared industrial land parcel in a thriving Louisiana community.

• CAP approach

  CAP return

  Valuation

  6%

  $36,254,000

  6.5%

  $33,465,200

  7%

  $31,074,800

• Comparable approach

  Method

  Valuation

  Relative Method

  $14,248,200

  Geo Method

  $55,921,700

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $17,218,000

  Mixed-Use / Specialty

  $17,201,700

  Hospitality / Lodging

  $12,679,100

  Office

  $17,146,500

  Institutional / Educational

  $17,899,000

  Residential Income

  $20,941,800

  Multifamily

  $24,866,400

  Automotive / Energy

  $15,342,000

  Parking / Income-Based Land

  $5,249,770

  Restaurant / Food Service

  $9,043,030

  Healthcare / Senior Housing

  $17,593,800

Location Insight

City

Prairieville

County

Ascension

State

Louisiana

Latitude

30.273

Longitude

-90.9851

CBSA code

12940

CBSA name

BATON ROUGE, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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