27.64 Acres on Airline Hwy in Prairieville, LA

Vacant Land for Sale
Catylist Listing ID: 30526644
Property Subtypes: Hospitality, Industrial, Multi-Family, Office, Retail, Retail-Pad, Self Storage
Gross Land Area: 27.64 Acres
Sale Price: $14,450,000
Unit Price: $522,793 Per Acre
Land Splits Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/18/2024

Overview / Comments

This is the largest commercial tract with the most frontage on Airline Highway located in Ascension Parish between Baton Rouge/Prairieville and Gonzales. For the past decade Prairieville has been the fastest growing suburb of Baton Rouge, with Ascension being the fastest growing parish in Louisiana, with continued growth predicted going forward.* Airline Hwy traffic counts exceed 46,000 north of the property and 25,000 south of the property. The property is mostly cleared, high (located in Flood Zone X) and zoned MU (Mixed Use). Current use of a portion of the property is as The Flea Market of Louisiana. Because of its size and location, the property can be developed into a wide range of uses including multifamily, commercial/retail, medical, office and light industrial. This unique property offers years of premium development inventory in Baton Rouge’s fastest growing suburb in Louisiana’s fastest growing parish.

Additional Details

Nearest MSA: Baton Rouge
County: Ascension
Submarket/Township: 90
Tax ID/APN: 20001591
Zoning: MU-MIXED USE
Property Located Between: Baton Rouge and Gonzales
Property Visibility: Excellent
Largest Nearby Street: Airline Highway
Feet of Frontage: 1,673
Traffic/Vehicle Count: 46,000
Highway Access: Airline Highway with easy access to I-10
Airports: New Orleans and Baton Rouge
Site Description: Large cleared site prime for redevelopment.
Lot Frontage: 1,673
Lot Depth: Approximately 617 feet
Zoning Description: MU - Mixed Use. All commercial uses including light industrial.
Development Name: 15545 Airline Highway
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable, Broadband, Internet Access

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,001 41,065 70,486
Median Age: 34.46 33.56 34.54
Households: 1,361 14,057 24,855

Contact

Photograph of Listing Agent

Chris Meeks

Talbot Realty Group
New Orleans, LA
LACDB Member
Photograph of Listing Agent

Michael Pou

Talbot Realty Group
New Orleans, LA
LACDB Member
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