Residential Land for Sale in Baton Rouge, Louisiana
8261 Ned Ave Baton Rouge, LA 70820
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 $500towards buyer closing costs with full price offer!
Directions
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 Ned Ave
Location
- Street Address
- 8261 Ned Ave
- Parish
- East Baton Rouge Parish
- Community
- Riverland
- School District
- East Baton Rouge
- Elevation
- 23 feet
Property details
- MLS Number
- GBRMLS 2024018290
- Date Posted
Parcels
- 000-4575-6
Legal description
Ward: 3-0, Subdivision: Riverland, Lot: 12. (4-Plex).
Detailed attributes
Listing
- Type
- Land
- Franchise
- Keller Williams Realty
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Nov 26, 2024 | Price drop | $20,000 | $2,399 -10.7% | GBRMLS |
Oct 28, 2024 | Price drop | $22,399 | $2,601 -10.4% | GBRMLS |
Oct 3, 2024 | New listing | $25,000 | — | KW |