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I-10 - Prime I-10 Development Opportunity in Geismar 21 Acres of Commercial Land Offered at $2,000,000 in Prairieville, LA 70769



INVESTMENT HIGHLIGHTS
- High Visibility on I-10
- Lake Amenity
EXECUTIVE SUMMARY
21 Acres Near I-10 & Hwy 73 Zoned (RM) with Lake Amenity
Price: $2,000,000
PROPERTY FACTS
| Price | $2,000,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 21.00 AC |
| Property Type | Land | Cross Streets | Hwy 73 |
| Zoning | RM - Residential Medium | ||
| Price | $2,000,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 21.00 AC |
| Cross Streets | Hwy 73 |
| Zoning | RM - Residential Medium |
1 LOT AVAILABLE
Lot
| Price | $2,000,000 | Lot Size | 21.00 AC |
| Price Per AC | $95,238.10 |
| Price | $2,000,000 |
| Price Per AC | $95,238.10 |
| Lot Size | 21.00 AC |
DESCRIPTION
Prime I-10 Development Opportunity in Geismar, LA • 21 Acres Near I-10 & Hwy 73 Zoned “RM" with Lake Amenity • Price: $2,000,000 • Property Overview: • Location: Near I-10 at Hwy 73, Prairieville, LA. • Size: 21 acres Total 12.19-acre lake and 8.77 developable acres • Zoning: RM (Residential Medium) Highlights: • Located in a high-demand area with strong residential growth. • Unique feature: a scenic 12.19-acre lake ideal for enhancing property aesthetics and stormwater management. • Prime visibility and access, with nearby major employers driving housing demand Property Details: • Total Acreage: 21 acres. • Developable Land: 8.77 acres zoned for Residential Medium-Density (RM) use. • Lake Area: 12.19 acres. • Access: Close proximity to major highways (I-10 and Hwy 73). • Utilities: Available • Market Analysis Demographics: • Population Growth: Ascension Parish has seen a 35.5% increase in population over the past 10 years. • Median Household Income: greater than $70,000 • Target Market: Young professionals, families, and employees of nearby industrial and commercial centers. Multi-Family Potential with Rezoning: • Ideal for garden-style apartments or townhomes with lake views • Potential for Medium Intensity for Single Family Residential Development units based on RM zoning. Designed to be adjacent to high intensity mixed use corridors. • Renderings of possible site layouts available upon request Unique Selling Points: • Lakefront recreational and aesthetic opportunities • Close proximity to top-rated schools, Dutchtown High School, Dutchtown Primary School, & and major employers such as BASF, Shell Chemical, & Honeywell. • Exceptional access via I-10 and Hwy 73 for commuters
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $100 | Total Assessment | $100 |
PROPERTY TAXES
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I-10 - Prime I-10 Development Opportunity in Geismar
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