2600 Martin Tram Road

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2600 Martin Tram Road

51796, LA 70658
Asking Price
$940K
Asset Type
Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The property spans 470 acres of land for sale.
  • The listing is located at 2600 Martin Tram Road in Louisiana.
  • This asset is priced at an asking price of $940,000.
  • The site is identified by the zip code 70658.
  • Coordinates for the parcel are 30.4507 and -93.0072.

What's Special

Situated in a developing region of Louisiana, this 470-acre land parcel at 2600 Martin Tram Road presents a large-scale development opportunity. The property is positioned within the 70658 zip code, an area characterized by its expanding rural and semi-industrial landscape. Its significant acreage provides substantial flexibility for various land-intensive applications, including agricultural expansion, large-scale industrial projects, or long-term investment holdings in a growing market. The topography and size of the site allow for diverse land use planning tailored to specific operational requirements. Investors and developers can capitalize on the scale offered by this tract, which benefits from its regional access points within the state. This offering represents a straightforward acquisition for those seeking to secure significant land assets in an evolving area where space is a critical component for future utility and economic development.

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NOI
$80,000
Cap Rate
8.51%
DSCR
1.43
Strong
Cash-on-Cash
8.58%
Monthly Payment
$4,650.607
Annual Cash Flow
$24,192.715

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