8.401 +/- Acre MultiFamily Opportunity

Vacant Land for Sale
Also listed as Multi-Family
Catylist Listing ID: 30739452
Property Subtypes: Multi-Family
Gross Land Area: 8.40 Acres
Sale Price: $8 - 10 PSF
Total Price: $2,927,232 - 3,659,040
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller, Build-to-Suit
Cap Rate: Undisclosed
Last Updated: 2/24/2024

Overview / Comments

Update! Victory Park continues to grow!
PJ's Coffee, has joined the neighborhood and will be opening 2023!
Both restaurant spaces, Pour by Char 19 and Real Mexican Bistro are staying very busy while offering a wide variety of tasty wines, small plates and a full-service, authentic Mexican bistro experience. You won't be disappointed!

Victory Park's Multi-Family Opportunity featured in this listing is situated on Tract G/Lot B1 at 8.401 +/- Acres / 365,947.56 SF. The owner's master plan suggested rendering is available upon request.

Other adjacent commercial lots are also for sale as well as professional office/retail space for lease within Victory Tower. The Tower is a 100,000 SF, 5-story office building featuring IBM as it’s anchor tenant.

Victory Tower Office/Retail Spaces Available:
First Floor: Suite 120 @ 2,037 SF Unfinished/Build to Suit.
First Floor: Suite 130 @ 6,408 SF Finished Space.
Third Floor: 15,238 SF Available.1,000 SF Minimum/Build to Suit.

Advantages: Visibility. High Traffic Exposure. Accessibility. Ingress/Egress. All Utilities At Site. Paved Roads. Road Signage. Street Lights. Community Synergy. Select Parcels can be further sub-divided.

Adjacent Lots also Available:
Tract A - Lot A2: 1.106 +/- Acres at 48,158.61 SF;
Tract B - Lot A4: .519 +/- Acres at 22,622.40 SF;
Tract C - Lot A6: 1.738 +/- Acres at 75,744.55 SF;
Tract D - Lot A7: 1.044 +/- Acres at 45,460.76 SF;
Tract E - Lot B4: .663 +/- Acres - SOLD - PJ’s Coffee Coming 2023!
Tract F - Lot B2: 2.109 +/- Acres at 91,881.36 SF.
Tract H - Lot B3: 2.529 +/- Acres at 110,174.75 SF.

More information can be found by visiting www.victoryparkmonroe.com or by reaching out to ur listing agents: Jay Johnson @ 318-355-2805 or Jennifer Causey @ 318-261-0892.

Additional Details

Nearest MSA: Monroe
County: Ouachita
Taxing Authority: Ouachita Parish
Tax ID/APN: 135728
Zoning: B-3 GENERAL BUSINESS DISTRICT
Property Located Between: Venable Lane / Ouachita Christian School
Property Visibility: Excellent
Legal Description: LOT B1 CENTURY VILLAGE PHASE 1B RESUB OF LOTS 17-21 SMITH & STANDLEY SUB PLAT
Largest Nearby Street: Hwy 165/Sterlington Road
Feet of Frontage: 662
Airports: Monroe Regional Airport - 8 min (3.2 mi) via LA-594
Lot Frontage: 662
Lot Depth: 613
Zoning Description: R-4
Part of Planned Development?: Yes
Development Name: Victory Park
Topography: Level
Easements: Electric Lines, Ingress/Egress, Utilities
Easements Description: Typical
Available Utilities: Electric, Water, Gas, Sewer, Cable, Broadband, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 11,514 45,634
Median Age: 35.85 35.76
Households: 4,940 18,754

Contact

Photograph of Listing Agent

Jennifer Causey

John Rea Realty Monroe, LA 71201
LACDB Member
Photograph of Listing Agent

Jay Johnson

John Rea Realty Monroe, LA 71201
LACDB Member
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