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Key Details
Sold Price $25,000
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
Subdivision South Highland Ind Pk
MLS Listing ID 2024018293
Sold Date 10/01/24
Lot Size 0.260 Acres
Property Sub-Type Unimproved Land
Property Description
Discover a lucrative investment prospect in a high-demand rental market. This expansive lot presents the perfect canvas for developers and investors seeking to capitalize on a thriving rental community. Strategically located with convenient access to the interstate and downtown, tons of schools, and an array of shopping, dining, and entertainment options, this property offers exceptional potential for a multifamily development. The established area and growing population ensure a robust demand for rental units, providing a solid foundation for a high-yielding investment. All essential utilities are readily available, streamlining your building process and cutting up front development costs. Seller is willing to pay $2000 towards buyer closing costs with full price offer!
Location
State LA
County East Baton Rouge
Direction Head southwest on LA-1248/Bluebonnet Blvd toward N Oak Hills Pkwy, Turn right onto Highland Rd, Turn left onto Gardere Ln, Turn right onto Innovation Park Dr, Turn left onto Starboard Dr, Turn right onto Stern Ave
Exterior
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
Private Pool false
Schools
Elementary Schools East Baton Rouge
Middle Schools East Baton Rouge
High Schools East Baton Rouge
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition As Is
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Tracy Mathis
Broker Associate | License ID: 995680747
Broker Associate License ID: 995680747