Residential Land for Sale in Baton Rouge, Louisiana
488 Magnolia Wood Ave Baton Rouge, LA 70808
Expansive 1.21+/- acre real estate opportunity featuring two oversized lots (103-A: 110x240 and 104-A: 110x240) in a prime location. The property includes an existing 2-bedroom, 1-bath structure centrally positioned on the site. While the structure holds no value, the true potential lies in the vast land space, offering ample room for development. With the highest and best use identified as the demolition of the existing structure, this property presents a unique investment opportunity for prospective buyers to capitalize on the spacious plottage. Whether considering individual lot sales or combined development, this property promises a lucrative venture in the dynamic real estate market. The home shall remain with the property at no additional value."
Directions
From Highland Rd. turn onto Magnolia Wood Ave. Go appx. two blocks and home will be on the right hand side.
Location
- Street Address
- 488 Magnolia Wood Ave
- Parish
- East Baton Rouge Parish
- Community
- Magnolia Wood
- School District
- East Baton Rouge
- Elevation
- 39 feet
Property details
- MLS Number
- GBRMLS 2024022193
- Date Posted
Legal description
Ward 1-3, Lot:103-A & 104-A, Subdiv:Magnolia Wood.
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Dec 12, 2024 | New listing | $589,900 | — | GBRMLS |