Infill Residential Development Opportunity

Vacant Land for Sale
Catylist Listing ID: 30566450
Property Subtypes: Multi-Family, Residential (Single Family)
Gross Land Area: 21,850 SF
Sale Price: $234,740
Unit Price: $10.74 PSF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/14/2020

Overview / Comments

One of two adjoining residential lots for sale that could make a nice little infill residential development. This lot with adjoining lot to the North at 1214 Carter (see listing) could make for a viable development either as detached single family homes or a small townhome development. Owners of lots located at 1214 and 1224 Carter have agreed to sell their respective lots contingent upon sale of each others lot. (See listing on 1214 Carter)

The attached conceptual plans are Conceptual only and have not been submitted to planning or approved but are based upon similarly approved infill sites in the area. Sellers are aware rezoning will be required by developer.

Sellers are currently living on property and ask they not be disturbed. There is no signage posted but if you wish to walk the property contact listing agent who will arrange and schedule.

Additional Details

Nearest MSA: Baton Rouge
County: East Baton Rouge
Submarket/Township: 61
Tax ID/APN: 005-2190-6
Property Visibility: Good
Lot Frontage: 50'
Lot Depth: 437'
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,791 94,351 255,452
Median Age: 44.26 36.05 34.42
Households: 3,989 41,108 104,821

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