12501 Airline Hwy, Gonzales, LA 70737 - vacant land property

Detailed information about vacant land property which situated in Gonzales (70737) city, Louisiana state on 12501 Airline Hwy.

Additional Information: Property located at 12501 Airline Hwy, Gonzales, directly across S. Airline Hwy. from the new Lowe's. This property Entrance/Exit has median cut at Airline and fronts the new turn lane on Airline for the Lowe' entrance Blvd. Great access and great location for future development. Property on South Side of Airline Hwy. See street view pictures attached for better visibility. Total property is approximately 1 acre. 1. LOT #3- .44 acres (19,458SF) is vacant land and listed for-sale at $10SF. Can be developed with commercial retail. 2. LOT #2 - The remaining .554 acres (24,146SF) has an All-Tune & Lube Service Station and parking pad site. Remaining lease with All Tune & Lube is 8+ years, with a 3% annual increase each year reamaining. Great Investment opportunity at a 10%+ CAP rate. The property can be sold all or part. Zoning A-2. Call Richie Edmonds 225-892-6000 or email [email protected] for: details and price breakdown, CAP rate, Financial Statements.