• REDUCED - Prime Hwy 42 Land - Prairieville - 38141 Highway 42, Prairieville, LA 70769

For Sale

Land

For Sale

This property is available for sale
3.42
Acres
$996,599
Sale Price
  • Sale Status
    active
  • Overview

    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.

    Property 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 or any structure on Property
    Zoned MU-2 which allows for a multitude of different commercial & residential developments.
    Owner-Financing Available (Please Contact Agent for Terms)

Contact or Call

Property Details

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.

Property 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 or any structure on Property
Zoned MU-2 which allows for a multitude of different commercial & residential developments.
Owner-Financing Available (Please Contact Agent for Terms)

  • Property Type
    Land
  • Submarket
  • Sale Price
    $996,599
  • Total Acres
    3.42
  • Number of Buildings
    1
  • Zoning
    MU-2
  • Sale Status
    active
  • Last updated
    Feb 23, 2024
  • Property ID
    2195851

Landlord's Sales Representative

  • Dexter Shill
    NAI/Latter&Blum Commercial Baton Rouge