For Sale
$2,450,000

5409 University Pkwy Natchitoches, LA 71457

Prime Redevelopment Opportunity: Hotel, Retail, More

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 2.45 million dollar mixed-use land parcel presents a unique redevelopment opportunity in the thriving city of Natchitoches, Louisiana. Located at 5409 University Parkway, this strategically positioned property boasts high visibility and accessibility, situated directly adjacent to a Burger King and conveniently located off Interstate 49. The expansive lot offers significant potential for a variety of commercial ventures, including hotels, restaurants, retail establishments, or even a gas station. The current owner is open to subdividing the land into parcels of no less than one acre each, providing flexibility for developers with diverse project scopes. This prime location in Natchitoches Parish, Louisiana (zip code 71457), offers a compelling investment prospect for those seeking high-impact commercial development in a dynamic market. The property's location on University Parkway ensures high traffic volume and excellent exposure to a substantial customer base. This is a rare chance to acquire a significant piece of commercial real estate in a growing area with strong potential for substantial returns. The coordinates are 31.72647489967408 latitude and -93.1606657393528 longitude. The property is privately owned and is being offered for redevelopment.

Highlights

  • $2,450,000 asking price.
  • Mixed-use land redevelopment opportunity in Natchitoches, LA.
  • Located on University Parkway near I-49, adjacent to Burger King.
  • Suitable for hotel, restaurant, retail, or gas station development.
  • Owner will consider subdividing into parcels of at least one acre.

Property Details for 5409 University Pkwy

Property type
Mixed-use properties, Land

Location Insight

City
Natchitoches
County
Natchitoches Parish
State
Louisiana
Latitude
31.726474899674
Longitude
-93.160665739353

FAQs

What type of property is this?
Mixed-use property - Prime Redevelopment Opportunity: Hotel, Retail, More
Where is the mixed-use property located?
The property is located at 5409 University Pkwy Natchitoches, LA.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: $2,450,000 asking price.; Mixed-use land redevelopment opportunity in Natchitoches, LA.; Located on University Parkway near I-49, adjacent to Burger King.
How can I contact the broker?
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5409 University Pkwy
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