Burbank Development Tract For Sale

Vacant Land for Sale
Catylist Listing ID: 30835312
Property Subtypes: Hospitality, Industrial, Office, Retail, Other
Gross Land Area: 4.86 Acres
Sale Price: $1,829,520
Unit Price: $376,444 Per Acre
In Opportunity Zone? Yes
Land Splits Available: Yes
Sale Terms: Cash to Seller, Build-to-Suit
Cap Rate: Undisclosed
Last Updated: 11/15/2023

Overview / Comments

Marcus & Millichap is pleased to exclusively list for sale this Burbank Development Tract located at 7611 Burbank Drive in Baton Rouge, LA. This 4.86-acre parcel of land is priced at $1,829,520, or $8.64 per square foot, and has been fully mitigated and ready for development. Approx 3 acres of shovel ready buildable land. Will subdivide.

The tract features 325 +/- feet of frontage on Burbank Drive, the major thoroughfare to LSU and downtown Baton Rouge, and is conveniently located only 4 miles from Louisiana State University. Key developments in close proximity to the property include Louisiana State University, a brand new indoor/outdoor football training facility, over 2000 student housing units, a 200-acre proposed residential/multi-family development, a 33-acre youth baseball complex & training facility, a 200-acre BREC soccer complex, and multiple retail and food establishments. In addition to the existing developments, multiple new subdivisions have been built or are currently under construction along The Burbank Corridor.

Additional Details

Nearest MSA: Baton Rouge
County: East Baton Rouge
Submarket/Township: 52
Tax ID/APN: 004-5972-0
Zoning: LC2
Property Located Between: Lee Dr & Bluebonnet Blvd
Property Visibility: Excellent
Largest Nearby Street: Burbank Dr
Feet of Frontage: 325
Site Description: 4.86 Acres | 3 Buildable Acres | Fully Mitigated | All Utilities Available to Site | Build-to-Suit Option | May Subdivide
Area Description: The tract is conveniently located only 4 miles from Louisiana State University. Key developments in close proximity to the property include Louisiana State University, a brand new indoor/outdoor football training facility, over 2000 student housing units, a 200-acre proposed residential/multi-family development, a 33-acre youth baseball complex & training facility, a 200-acre BREC soccer complex, and multiple retail and food establishments. In addition to the existing developments, multiple new subdivisions have been built or are currently under construction along The Burbank Corridor.
Lot Frontage: 325
Zoning Description: LC2
In Flood Plain?: Yes
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer, Cable
Water Service: Municipal
Sewer Type: Municipal

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,531 60,794 151,386
Median Age: 41.07 31.81 34.49
Households: 2,323 25,541 64,983

Contact

Photograph of Listing Agent

Chris Shaheen

Marcus & Millichap Baton Rouge, LA 70810
LACDB Member
© Copyright 2001-2023 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Moody's assume any liability for errors or omissions.