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: 5/7/2021

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.

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

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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

Contact

Photograph of Listing Agent

Steve Legendre

Stirling Properties Baton Rouge Baton Rouge, LA 70809
LACDB Member
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