Highway 43

Vacant Land for Sale
Catylist Listing ID: 30556586
Property Subtypes: Agricultural, Hospitality, Industrial, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 19.80 Acres
Sale Price: $1,825,000
Unit Price: $92,171 Per Acre
Land Splits Available: Yes
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 3/30/2020

Overview / Comments

Prime commercial property located in the city limits of Albany, LA. Large amount of frontage on Highway 43 (South Montpelier Rd) as well as Prokop Rd. Site includes three operating businesses along Hwy 43 and two residential properties all being situated on 19.80 cleared acres just minutes from Interstate 12. All commercial buildings and residential properties are leased - owner owns all structures, equipment, and improvements. Amazing investment opportunity - has endless potential for multiple developments. Owner will sub-divide property. NEVER FLOODED!!!!

Additional Details

Nearest MSA: Baton Rouge
County: Livingston
Submarket/Township: 80
Tax ID/APN: 0291625A
Zoning: COMMERCIAL
Legal Description: Sec 26 & 27 T6S, R6E

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 11,608 29,763
Median Age: 35.34 34.36
Households: 4,428 10,988

Contact

Photograph of Listing Agent

Sergio A Mesa

Nexthome Real Estate Professionals Hammond, LA 70401
LACDB Member
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