Over an Acre of Land with Downtown Accessibility

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30459692
Property Subtypes: Hospitality, Industrial, Mobile Home Park, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage, Vacation/Resort, Other
Status: Pending
Gross Land Area: 52,939 SF
Sale Price: $926,432
Unit Price: $17.50 PSF
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/9/2024

Overview / Comments

This assemblage of land covers half a city block, fronts I-110, sits just north of the Electric Depot development, receives all the benefits of downtown including tax benefits and is a shovel ready Opportunity Zone project. It has approximately 390 ft. of frontage on the entire block along North Boulevard with future enhancements to the North Boulevard and Florida Boulevard Corridors as part of MoveEBR road program. The owner has completed all environmental remediation and removed all buildings making this property a blank slate.

Additional Details

Nearest MSA: Baton Rouge
County: East Baton Rouge
Submarket/Township: 51
Tax ID/APN: 001-4766-4
Zoning: C 2
Property Located Between: 11th and 10th Street, with frontage on North Blvd for the entire block.
Largest Nearby Street: I-110

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,186 81,400 176,586
Median Age: 34.7 32.66 32.93
Households: 4,366 32,146 71,187

Contact

Photograph of Listing Agent

David H Palmer

Coldwell Banker Commercial One Baton Rouge, LA 70809
LACDB Member
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