Investment Overview

Marcus & Millichap is pleased to bring to market Lot 14-A, a vacant land parcel located behind The Prairieville Family Hospital. Encompassing 66,492 square feet, this unimproved land sits in a prime location at the corner of Market Place Drive and Commerce Centre Drive in Prairieville, Louisiana. The parcel offers strategic access and visibility, benefiting from its proximity to significant commercial developments and major thoroughfares. Zoned under the "MU" (Mixed-Use Corridors) classification, it permits a broad range of commercial and residential uses, highlighting its flexibility and potential for diverse development opportunities. Prairieville stands out as a rapidly expanding suburb within the Baton Rouge metropolitan area, characterized by rapid residential growth and commercial expansion. The area surrounding the vacant lot has witnessed considerable development, with nearby amenities including medical facilities, shopping centers, and educational institutions enhancing the parcel's attractiveness. Its location at a key intersection increases its exposure and accessibility, making it an appealing option for potential developers looking to capitalize on Prairieville’s growth trajectory. The market dynamics of Prairieville reflect a robust demand for both residential and commercial real estate, driven by the region's strong economic fundamentals and population growth. The presence of large employers, ongoing infrastructure improvements, and a flourishing retail environment contribute to a positive outlook for property investment in the area. The strategic position of the vacant land parcel, combined with Ascension Parish's favorable economic policies, positions it as a lucrative opportunity for long-term investment and development.