Water Campus Area Lot For Sale
Vacant Land
for Sale
| Catylist Listing ID: |
30704670 |
| Property Subtypes: |
Hospitality, Multi-Family, Office, Retail, Retail-Pad, Self Storage
|
| Gross Land Area: |
1.11 Acres
|
| Sale Price: |
$750,000 |
| Unit Price: |
$675,675 Per Acre |
| In Opportunity Zone? |
Yes |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
1/3/2022 |
Overview / Comments
1.11 acre lot zoned LC-2 located in Flood Zone AE and X. Subject property has approximately 231.00 feet fronting St. Ferdinand St.
Capitalize on the visibility from the 117,000+ cars per day traveling the Horace Wilkinson ("NEW") Bridge across the Mississippi River in Baton Rouge, LA. Excellent location for a professional office building (i.e. Attorney, Engineer, Public/Municipal Related) or medical related to help serve the increased influx of single and multi-family housing in the area. Property is in close proximity to City, State and Federal Offices with easy access to Interstate 10. The site has all utilities, is fully cleared and construction ready. There is a 10' servitude of access for purposes of maintaining Corporation Canal.
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Additional Details
| Nearest MSA: |
Baton Rouge |
| County: |
East Baton Rouge |
| Submarket/Township: |
51 |
| Tax ID/APN: |
000-1615-2 |
| Zoning: |
LC-2 |
| Property Visibility: |
Excellent |
| Legal Description: |
Lot W, Block 257 of Suburb Swart Located in Section 51, Township 7 South, Range 1 West, Greensburg Land District, East Baton Rouge, Louisiana
|
| Airports: |
BTR |
| Site Description: |
1.11 acre cleared site with all utilities in place. Property is level to grade with 231.00' fronting St. Ferdinand St. |
| Area Description: |
Transitional area with a mixture of older single family residences, new multi-family units, new technology park (Water Campus), municipal buildings (Local, State and Federal), retail and restaurants. |
| Lot Frontage: |
231.00 |
| Zoning Description: |
LC2 Light Commercial
The purpose of this district is to permit a variety of commercial activities and multi family (medium-high density) residential uses that serve surrounding local areas. Businesses within this district are limited to seventy-five thousand (75,000) gross square feet of floor area per lot and a height of four (4) stories. |
| Topography: |
Level |
| Easements: |
Other |
| Available Utilities: |
Electric, Water, Gas, Sewer, Storm Drain, Cable, Broadband, Internet Access, Other |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
11,977 |
75,185 |
165,167 |
| Median Age: |
33.84 |
33.03 |
32.82 |
| Households: |
5,135 |
30,795 |
66,196 |
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