Prime Hwy 42 Land - Prairieville
Land | 3.42 acres
Marketing description
The subject property is a 3.42-acre commercial tract located on Highway 42 near the intersection of Old Jefferson Highway (Hwy 73) and Hwy 42 in Prairieville, LA. Zoning designation of the property is MU-2 (Mixed Use Corridors) which allows a multitude of different commercial uses. Immediately adjacent to brand new Wash N Roll Car Wash, catercorner to the brand new Oak Grove Market and Meadows at Oak Grove Subdivision, and neighboring the new Oak Grove Townhomes development
Seller financing available to a qualified buyer. 20% down payment is required, followed by payments at a below-market rate amortized at 15 years with a balloon payment due at the end of five years. These terms may be open to negotiation for the right prospective buyer. Final approval is at the discretion of the seller.
Investment highlights
- Excellent Location on Hwy 42
- Located in Rapidly Growing Ascension Parish
- High Traffic Counts of 24,000 - 27,000 VPD
- New Retail and Residential Development Surrounding Subject Property
- All Utilities on Site
- Flood Zone X - Did not flood in 2016 or 2021
- No Value Assigned on House on any structure currently on Property
- Zoned MU-2 which allows for a multitude of different commercial and residential developments.
- Owner-Financing Available (Please Contact for Terms)
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