I-10 and Siegen Lane

Vacant Land for Sale
Catylist Listing ID: 28647488
Property Subtypes: Office
Gross Land Area: 10.25 Acres
Sale Price: $10 PSF
Total Price: $4,464,900
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/2/2022

Overview / Comments

Prime visibility from Interstate 10 at the Siegen interchange being developed as an office condominium development. Property is priced as a site with Final Development Plan approval in place or as individual pad sites available upon completion of the infrastructure. Property has been zoned as a planned unit development restricted for office use. Great location for companies needing visibility and strong community presence fronting on Interstate 10. Seller will sell the entire parcel for a single developer.

The property has already been studied for Traffic Impact and upgrades will be made by the developer upon commencement of construction. This will include modifications to the signal, additional turning lanes and change in traffic flow at Kinglet and Interstate 10.

Additional Details

Nearest MSA: Baton Rouge
County: East Baton Rouge
Submarket/Township: 53
Tax ID/APN: 015-0782-6
Zoning: PLANNED UNIT DEVELOPMENT
Property Located Between: Interstate 10 @ Siegen Lane
Property Visibility: Excellent
Largest Nearby Street: Interstate 10
Highway Access: Interstate 10 and Siegen Lane
Site Description: The property is located adjacent to Interstate 10 and Siegen Lane. The PUD has a final development plan approval which already addresses drainage, traffic and design concerns with no deed restrictions that would prevent the property being developed according to the accepted plan as an office condominium with individual pad sites. Perfect opportunity for a developer to build the entire subdivision or for individual buyers that need condominium pad sites for garden offices. Property is priced as one bulk development site with individual pad sites priced upon completion of development budget.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,074 70,756 186,374
Median Age: 33.47 37.59 36.63
Households: 1,689 30,994 78,034

Contact

Photograph of Listing Agent

George R Kurz

Kurz & Hebert Baton Rouge, LA 70809
LACDB Member
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