1729 Farmerville HwyRuston, LA 71270

  • Land
  • 0.78 AC
For Sale
$990,000 View listing

Property Details for 1729 Farmerville Hwy

Lot size
0.78 AC
Property type
Land
Property subtype
Commercial land
APN
39144
APU
39144

Description

This exceptional 0.7-acre commercial land parcel presents a prime investment opportunity in Ruston, Louisiana. Located at 1729 Farmerville Highway, this property boasts a highly desirable location adjacent to a USA Travel Center and other established restaurants, ensuring significant visibility and foot traffic. The site is ideally suited for a variety of commercial ventures, capitalizing on the area's bustling activity. All essential utilities are either directly on the property or readily accessible from neighboring sites, simplifying development and reducing upfront costs. The asking price for this strategically positioned land is $990,000. Its prime location and convenient access to utilities make it an attractive proposition for developers and investors seeking a high-return investment in a thriving commercial area. The property's 0.7-acre size offers ample space for a substantial development project, while its proximity to established businesses guarantees a strong customer base. This is a rare opportunity to acquire a well-situated commercial lot in a rapidly growing market. The address is 1729 Farmerville Hwy, Ruston, LA 71270, within Lincoln Parish.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $6,179,798
    Hospitality
    $5,660,661
    Educational
    $4,709,604
    Medical
    $4,871,574
    Retail
    $7,326,050
1729 Farmerville Hwy, Ruston, Louisiana

Location Insight

City
Ruston
County
Lincoln
State
Louisiana
Latitude
32.5425
Longitude
-92.6153
CBSA code
40820
CBSA name
RUSTON, LA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,717
$30,576
-
$30,576
-
$305,760
-
$305,760

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