Catylist ID:
#30802589
| Catylist Listing ID: | 30802589 |
| Property Subtypes: | Multi-Family |
| Gross Land Area: | 23.87 Acres |
| Sale Price: | $2,995,000 |
| Unit Price: | $125,471 Per Acre |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 5/20/2022 |
Overview / Comments
|
• 23.87 Acre tract situated 10 miles east of Baton Rouge • Located in Livingston Parish, one of the three fastest growing parishes in Louisiana, experiencing consistent 1% annual population growth • Zoned C-3 Commercial (Multi Family) • Multi Family Development plans on hand • Located at the corner of Petes Hwy & Cook Rd, with planned Cook Rd extension currently in the works. Cook Rd extension will connect Petes Hwy to Juban Crossing. Juban Crossing is a 471 Acre 1.2 million square feet multi use development including 100 premier stores, restaurants, service businesses, multi family residence, and hotel. • Cook Rd. extension expected to be completed by the end of 2024 • Easy access to Interstate-12 via S. Range Ave. and Rushing Rd. E • All utilities available |
Attachments & Media
Additional Details
| Nearest MSA: | Baton Rouge |
| County: | Livingston |
| Submarket/Township: | 81 |
| Tax ID/APN: | 0103754 |
| Zoning: | C-3 |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Juban Rd, S Range Ave, and Petes Hwy |
| Feet of Frontage: | 366 |
| Traffic/Vehicle Count: | 8,600 |
| Highway Access: | Interstate-12 |
| Lot Frontage: | 366.43 |
| Lot Depth: | 1228.51 |
| Zoning Description: | Please refer to the C-3 commercial district within the Denham Springs Code of Ordinances. Link below. https://library.municode.com/la/denham_springs/codes/code_of_ordinances?nodeId=COOR_APXBZO_ART10CODIRE |
| In Flood Plain?: | Yes |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 939 | 28,086 | 105,470 |
| Median Age: | 34.6 | 34.63 | 35.29 |
| Households: | 385 | 10,626 | 39,182 |
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