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Cell Towers
309 Smith Ln, Franklin, La 70538
Site Overview
Site Name309 Smith Ln, Franklin, La 70538
Current InfrastructureVacant Land
SiteBid ID ##471522
Published DateApril 29, 2024
Modified DateMay 4, 2025
Market StatusOff Market
Potential UsesCell Towers
Location
CountySaint Mary
SubdivisionWard Ten Non-subdivision
School DistrictSt. Mary Parish School District
Flood ZoneAe
Property
Lot Size24.08 acres
Lot Depth1,740 ft
Lot Frontage506 ft
Building ConditionUnknown
Property ClassVacant
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Infrastructure investors are actively purchasing fee simple real estate, leases, and easements on properties with active utility leases from tier‑1 tenants (AT&T, Verizon, T‑Mobile, etc.). Depending on the lease terms, valuations can range from 16x–20x annual rent for lump‑sum payments and 18x–25x for structured payouts.
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