Prime I-10 Development Opportunity in Geismar, LA
• 21 Acres Near I-10 & Hwy 73 Zoned “RM" with Lake Amenity
• Price: $2,000,000
• Property Overview:
• Location: Near I-10 at Hwy 73, Prairieville, LA.
• Size: 21 acres Total 12.19-acre lake and 8.77 developable acres
• Zoning: RM (Residential Medium)
Highlights:
• Located in a high-demand area with strong residential growth.
• Unique feature: a scenic 12.19-acre lake ideal for enhancing property aesthetics and stormwater management.
• Prime visibility and access, with nearby major employers driving housing demand
Property Details:
• Total Acreage: 21 acres.
• Developable Land: 8.77 acres zoned for Residential Medium-Density (RM) use.
• Lake Area: 12.19 acres.
• Access: Close proximity to major highways (I-10 and Hwy 73).
• Utilities: Available
• Market Analysis
Demographics:
• Population Growth: Ascension Parish has seen a 35.5% increase in population over the past 10 years.
• Median Household Income: greater than $70,000
• Target Market: Young professionals, families, and employees of nearby industrial and commercial centers.
Multi-Family Potential with Rezoning:
• Ideal for garden-style apartments or townhomes with lake views
• Potential for Medium Intensity for Single Family Residential Development units based on RM zoning. Designed to be adjacent to high intensity mixed use corridors.
• Renderings of possible site layouts available upon request
Unique Selling Points:
• Lakefront recreational and aesthetic opportunities
• Close proximity to top-rated schools, Dutchtown High School, Dutchtown Primary School, & and major employers such as BASF, Shell Chemical, & Honeywell.
• Exceptional access via I-10 and Hwy 73 for commuters
