20 Acres | Near LSU
Vacant Land
for Sale
| Catylist Listing ID: |
29848297 |
| Property Subtypes: |
Multi-Family, Office, Residential (Single Family), Retail, Self Storage
|
| Gross Land Area: |
20.01 Acres
|
| Sale Price: |
$1,888,065 |
| Unit Price: |
$94,356 Per Acre |
| Land Splits Available: |
Yes |
| Adjacent Parcels Available: |
Yes |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
12/11/2023 |
Overview / Comments
Two Pieces of property running along the proposed S. Kenilworth Parkway to tie into GSRI Road by the old Drillers Diamond to connecting Burbank and Nicholson Drive.
20.009 total acres with approximately 4.96 acres dedicated as 100' Right of way; effectively Netting 15.044 Acres.
Close proximity to New Casino. Great potential multi-family site with two potential points of access.
Agent has established relationship with adjacent landowner on both sides and could combine a total of 211 acres, contiguous with frontage on GSRI and Burbank.
|
Additional Details
| Nearest MSA: |
Baton Rouge |
| County: |
East Baton Rouge |
| Submarket/Township: |
52 |
| Tax ID/APN: |
011-9554-9 |
| Zoning: |
RURAL |
| Property Located Between: |
S. Kenilworth Pkwy & GSRI Raod |
| Property Visibility: |
Fair |
| Legal Description: |
Property Owner #1: TRACT X-2-A-1-B, CONTIGUOUS 14.359 ACRES LOCATED ON PROPOSED KENILWORTH EXTENSION
Property Owner #2: TRACT X-2-A-1-A, CONTIGUOUS 5.650 ACRES LOCATED ON GRSI ROAD |
| Development Name: |
S. Kenilworth Extention/GSRI Property |
| Easements Description: |
There is a 100' Servitude that Extends S. Kenilworth to GSRI Road. |
| Soil Type: |
Clay |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
2,812 |
50,788 |
124,693 |
| Median Age: |
24.7 |
30.55 |
33.86 |
| Households: |
1,000 |
21,259 |
53,243 |
|
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