16338 Airline Highway

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16338 Airline Highway

Prairieville, LA 70769
Asking Price
$1.40M
Asset Type
Mixed-use
Class
Class B

AI Property Summary

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

  • Located at 16338 Airline Highway in Prairieville, Louisiana
  • Mixed-use asset positioned for retail or commercial development
  • Frontage on both Airline Highway and Old Jefferson Highway
  • Priced at 1,395,000 dollars for the total property
  • Situated within a growing suburban area of Baton Rouge

What's Special

This mixed-use property occupies a strategic position at 16338 Airline Highway in Prairieville, Louisiana. Situated at the high-visibility intersection of Airline Highway and Old Jefferson Highway, the site benefits from consistent transit patterns within this growing suburban corridor of the Baton Rouge metropolitan area. The location serves as a functional nexus for commerce, connecting residential neighborhoods with primary regional transit arteries. Investors and business owners may find this asset suitable for a variety of retail or commercial applications given its prominent placement and accessibility. The surrounding region continues to see steady development, supporting a demand for versatile mixed-use spaces that can adapt to evolving market needs. With its dual frontage, the site provides substantial exposure to daily traffic flow, offering a practical foundation for retail operations or professional services looking to establish or expand their presence in the Ascension Parish market.

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NOI
$80,000
Cap Rate
5.73%
DSCR
0.97
Underwater
Cash-on-Cash
-0.67%
Monthly Payment
$6,901.699
Annual Cash Flow
$-2,820.386

Location & Travel Times