Hwy 383, Iowa, LA 70647

Property Description

192 Acres – Prime Location in Iowa, LA. Excellent development or investment opportunity at the intersection of I-10 and Hwy 383 (Exit 43) in Iowa, LA. This 192-acre tract offers over 1,300 feet of frontage along Hwy 383 with multiple access points along Frontage Road as well. Property is currently income-producing with a 44-acre laydown yard. The yard has been leased to the same tenant for the past 3 years and has a strong rental history prior to this. Surrounded by commercial growth, including Pilot, Love’s, Burger King, Arby’s, Hardy’s, In-Laws, Best Western, and Microtel. The location provides outstanding visibility and easy interstate access with an Average Annual Daily Traffic (AADT) count of 5,726 vehicles (per LADOTD). The land has been farmed within the last 5 years in sugar cane and includes a 100-acre rice base. A deep-water agricultural irrigation well is also present (condition unknown). This tract offers multiple possibilities — commercial, residential, agricultural, or mixed-use. Rare opportunity to secure nearly 200 acres this close to I-10.