Catylist ID: #30180632
Commercial Land For Sale Airline Highway
Vacant Land for Sale
|Catylist Listing ID:||30180632|
|Property Subtypes:||Industrial, Office, Retail, Other|
|Gross Land Area:||2.12 - 3.07 Acres|
|Sale Price:||$1,320,000 - 2,192,000|
|Sale Terms:||Cash to Seller|
Overview / Comments
Location: Adjacent to intersection of Airline Highway and Post Office Road
High Traffic / High Visibility with frontage on both Airline Highway and Post Office Road.
Land: 2.12 (+/-) acres / 92,347.2 (+/-) square feet
Improvements: There is a residential structure on the property which is of no value
Zoning: MU - Mixed Use Corridor
Assemblage: Owner is also offering the adjacent 0.95 acres at the hard corner of Airline and Post Office Road For Sale separately at $872,000. This adjacent tract produces income through a Ground Lease to a Chevron operator producing $3,488.65 NNN per month / $41,863.80 per year with annual CPI rent increases. Leased through April 30th, 2031 with one (1) ten (10) year renewal option.
Price: $1,320,000 / $14.29 per square foot.
Attachments & Media
|Nearest MSA:||Baton Rouge|
|Proximity:||1 mile||3 miles||5 miles|
Bryce FrenchMax J Derbes Inc New Orleans, LA 70123-3229
|The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.|