Commercial Pad Site - Hwy 165 N

Vacant Land for Sale
Catylist Listing ID: 30721376
Property Subtypes: Hospitality, Office, Retail, Retail-Pad, Other
Gross Land Area: 2.52 Acres
Sale Price: $8 - 10 PSF
Total Price: $878,169 - 1,097,712
Sale Terms: Cash to Seller, Build-to-Suit
Cap Rate: Undisclosed
Last Updated: 4/5/2021

Overview / Comments

2.5 +/- Acre Commercial Pad Site on Hwy 165 N across from Lumen Technologies (CenturyLink) fronting Century Village/Tower.

Investor Opportunities:
A. Development: Standalone sites upon which a customized space can be built and/or leased for a tenant;
B. Sale: Sell the pad site to be developed by and leased to someone else;
C. Lease: Lease the “ground” associated with the pad site and then invest your own funds to develop a building.

Advantages: Visibility. High Traffic Exposure. Accessibility. Ingress/Egress. All Utilities At Site. Community Development/Synergy. Adjacent Pads/Acreage Available.

For more information, call Jennifer Causey at 318-261-0892.

Additional Details

Nearest MSA: Monroe
County: Ouachita
Taxing Authority: Ouachita Parish
Tax ID/APN: 135729
Zoning: B-3 GENERAL BUSINESS DISTRICT
Property Located Between: Venable Lane / Ouachita Christian School
Property Visibility: Excellent
Legal Description: LOT B3 CENTURY VILLAGE PHASE 1B RESUB OF LOTS 17-21 SMITH & STANDLEY SUB PLAT BK 27 PAGE 175
Largest Nearby Street: Hwy 165/Sterlington Road
Feet of Frontage: 245
Traffic/Vehicle Count: 31,595
Highway Access: Hwy 165
Rail Access: Yes
Airports: Monroe Regional Airport - 20 min (10.8 mi) via US-165 S
Site Description: Lot B3 is located within the Century Village master planned community with site pad fronting Hwy 165. Century Village is a unique development which will create the opportunity for residents to live, work and play in convenient proximity. This is a lifestyle focused, mixed-use community which will bring office, retail, and residential uses to the neighborhood.
Lot Frontage: 245
Lot Depth: 324
Zoning Description: B-3 GENERAL BUSINESS DISTRICT
Development Name: Century Village - Commercial Campus
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable, Broadband, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 13,314 45,929
Median Age: 35.65 35.86
Households: 5,622 18,972

Contact

Photograph of Listing Agent

Jennifer Causey

John Rea Realty Monroe, LA 71201
LACDB Member
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