Development Tract for Sale

Vacant Land for Sale
Catylist Listing ID: 30722546
Property Subtypes: Multi-Family, Office, Retail, Self Storage, Other
Gross Land Area: 0.96 Acres
Sale Price: $432,000
Unit Price: $450,000 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/24/2021

Overview / Comments

Property is comprised of approximately One acre of land and is a
prime development site which is being offered for sale with
frontage on Coursey Boulevard. It has several large mature trees
that could add value to the developed site, if their locations can
be coordinated with the site layout. It is also immediately
adjacent to several medical office buildings, one of which (the one
immediately to the west) is under the same ownership as the
subject property.

Additional Details

Nearest MSA: Baton Rouge
County: East Baton Rouge
Submarket/Township: 43
Tax ID/APN: 008-0583-1
Property Located Between: Hickory Ridge Blvd and Market Street on Coursey Blvd
Property Visibility: Excellent
Legal Description: Lot 2-B-2-A-2 located in Section 28, T7S-R2E, Greensburg Land District, in East Baton Rouge Parish, Louisiana
Largest Nearby Street: Jones Creek Road
Feet of Frontage: 188
Site Description: The undeveloped property contains a handful of mature trees and is nestled between two developed tracts with frontage directly on Coursey Blvd.
Area Description: The property is located on a thriving corridor in Baton Rouge along Coursey Boulevard, where there are a plethora of businesses, including retail, office and other commercial enterprises, serving a large healthy suburban area with numerous subdivisions and residential neighborhoods.
Lot Frontage: 188'
Lot Depth: 200'
Zoning Description: B1/C2
Topography: Other
Easements: Other
Easements Description: B Zoning District, Buffer Yard

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,559 83,354 173,110
Median Age: 37.48 35.74 36.78
Households: 5,296 34,354 70,861

Contact

Photograph of Listing Agent

Nelson J Sanchez

NAI/Latter & Blum Commercial Baton Rouge Baton Rouge, LA 70806
LACDB Member
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