Tbd Sullivent Rd

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Tbd Sullivent Rd

Loranger, LA 70446
Asking Price
$2.09M
Asset Type
Land
Class
Class B

AI Property Summary

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

  • The property encompasses 288.8 acres of land in Loranger
  • Asking price for the total parcel is 2,093,800 dollars
  • Site is located on Sullivent Road in Louisiana
  • Large acreage allows for residential or agricultural project development
  • Property is situated within the steady Tangipahoa Parish market

What's Special

This 288.8-acre land parcel located on Sullivent Road in Loranger, Louisiana, represents a substantial development site within the Tangipahoa Parish region. The expansive acreage provides significant scale for agricultural operations, large-scale residential development, or recreational land holdings. Positioned within a growing rural market, the property offers quiet surroundings while maintaining reasonable proximity to the regional transportation infrastructure connecting to the broader metro area. Investors and land developers may utilize this site for long-term land banking or phased community planning. Given the size and terrain, the tract is well-suited for diverse land-use applications that require significant square footage outside of high-density metropolitan cores. The location benefits from the steady economic growth characteristic of southern Louisiana, where demand for rural land remains consistent for both development and investment purposes.

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NOI
$80,000
Cap Rate
3.82%
DSCR
0.64
Underwater
Cash-on-Cash
-7.05%
Monthly Payment
$10,358.98
Annual Cash Flow
$-44,307.76

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