9.92 Acre Multi Family Site in South Bossier

Vacant Land for Sale
Catylist Listing ID: 29635390
Property Subtypes: Multi-Family, Residential (Single Family)
Gross Land Area: 9.92 Acres
Sale Price: $995,000
Unit Price: $100,302 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/2/2022

Overview / Comments

This offering consists of a 9.92 Acre vacant land site in south Bossier City, La. zoned R-MD - Residential, Medium Density. The minimum lot area in R-MD is 6,000 square feet for a single-family dwelling. For multi-family dwellings the minimum lot size is 8,000 square feet for the first two units plus 2,000 square feet for each additional unit. The minimum lot width is 60', minimum front yard set back is 25', side yard is 5', rear yard is 25'. There is a minimum landscape surface requirement of 15% of the lot area with the front yard setback area being allowed to count as a part of that 15%.

City of Bossier City water and sewer services are available to the site. AEP Swepco electrical service is also available to the site.

Additional Details

Nearest MSA: Shreveport-Bossier City
County: Bossier
Tax ID/APN: 125981
Zoning: R-MD RESIDENTAIL MEDIUM DENSITY
Market Type: Medium
Property Located Between: Barksdale Boulevard and Longstreet Place
Side of Street: North
Road Type: Paved
Property Visibility: Excellent
Legal Description: Lot A, Southgate Estates Subdivision, Unit #1, Bossier Parish, Bossier City, Louisiana
Largest Nearby Street: Barksdale Blvd
Feet of Frontage: 515
Traffic/Vehicle Count: 32,657
Transportation: Highway
Highway Access: 0.6 Miles South of Jimmy Davis Hwy. (LA 511)
Airports: Shreveport Regional Airport - 14 Miles
Site Description: This site is level and ready for development. There are approximately 746' fronting along Robert E. Lee Boulevard and 515' along Barksdale Boulevard. East lot line is 563 and 1,053' on the rear lot line.
Area Description: South Bossier City is one of the fastest growing segments of Bossier Parish. The property is in close proximity to Jimmy Davis Highway, (LA 511) which allows easy access to booming south east Shreveport. The site is within 3.6 miles of Barksdale Air Force Base and 5.6 miles south of I-20.
Lot Frontage: 746
Lot Depth: 515
Zoning Description: R-MD - Residential Medium Density The R-MD District is composed mainly of areas containing a mixture of single-family, two-family and multiple-family dwellings.
Development Name: Southgate Estates Subdivision, Lot A, Unit #1,
Topography: Level
Available Utilities: Electric, Water, Sewer

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,892 34,455 95,293
Median Age: 32.76 36.05 36.15
Households: 2,640 14,761 40,906

Contact

Photograph of Listing Agent

JoAnn Wheless

Sealy Real Estate Services LLC Shreveport, LA 71101
LACDB Member
Photograph of Listing Agent

Jackson Wheless

Sealy Real Estate Services LLC Shreveport, LA 71101
LACDB Member
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