Residential Development Land

Vacant Land for Sale
Catylist Listing ID: 30021194
Property Subtypes: Multi-Family, Residential (Single Family)
Gross Land Area: 18 - 19 Acres
Sale Price: $768,000
Land Splits Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/20/2017

Overview / Comments

Excellent property for residential development whether single or multi-family use. Acreage is in two separate tracts (13 A/C & 5.7A/C). Ownership will consider a sale of one tract if preferable. A portion of the larger is commercial zoning.

Current residential development adjoins the property to the South and West.

Highest and best use is residential with possible federally subsidized housing.

Property did not flood in 2016.

Additional Details

Nearest MSA: Baton Rouge
County: East Baton Rouge
Submarket/Township: 22
Tax ID/APN: 1213555
Zoning: C-2 / C-1 / A-2
Property Visibility: Good
Largest Nearby Street: Hooper Rd & Mickens Rd.
Feet of Frontage: 1,600
Airports: Baton Rouge Metropolitan
Site Description: Flat / Timbered
Area Description: Primarily residential in use. There is a planned commercial store on the Southwest corner of Silverleaf & Mickens which adjoins the 13 acre tract.
Zoning Description: C-2 / Heavy Commercial C-1 / Light Commercial A-2 / Residential
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer, Cable
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,075 70,289 163,925
Median Age: 32.08 32.12 33.81
Households: 3,736 24,045 59,470

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