Vacant Land

Vacant Land for Sale
Catylist Listing ID: 30540487
Property Subtypes: Hospitality, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 22 Acres
Sale Price: $5,989,500
Unit Price: $272,250 Per Acre
Sale Terms: Cash to Seller, Sale/Leaseback, Other
Cap Rate: Undisclosed
Last Updated: 3/23/2020

Overview / Comments

22 sub dividable acres with frontage on Interstate 20, certified shovel-ready by LA Dept. of Economic Development. Part of a 38-Acre tract which includes a 16-Acre technology park in partnership with Louisiana Tech University, the City of Ruston, LA, and the Louisiana Community and Technical College System (Louisiana Delta Community College).

Additional Details

Nearest MSA: Ruston
County: Lincoln
Tax ID/APN: 72-1309715
Property Located Between: Farmerville Hwy. (LA 433), Interstate 20 and U.S. Hwy 80.
Property Visibility: Excellent
Legal Description: NE quarter, NE quarter, SEC 19, Tshp 18N, Range 2W
Largest Nearby Street: U.S. Hwy 80, Interstate 20
Feet of Frontage: 650
Highway Access: via U.S. 80 and LA 433
Airports: Monroe LA; Shreveport LA
Site Description: High ground inside city limits 1/4 mile from I-20 Exit at LA hwy 433
Area Description: Lincoln Parish is home to 2 state universities, and educated and skilled workforce and a wide choice of very excellent healthcare facilities within a 40-mile radius. Locally abundant natural resources, expansive recreational parks, and upscale shopping opportunities are available.
Lot Frontage: 22 acres are sub dividable and lots on and in back of I-20 frontage are available
Lot Depth: to be determined
Zoning Description: Commercial
Topography: Undulating
Soil Type: Sandy
Available Utilities: Electric, Water, Gas, Sewer, Cable, Broadband, Internet Access, Other
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,318 19,480 27,060
Median Age: 28.76 29.19 28.91
Households: 605 7,381 10,481

Contact

Photograph of Listing Agent

Mark E Inman

Coldwell Banker Commercial TEC REALTORS New Orleans, LA 70115
Not a member of MCAR
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