5409 University PkwyNatchitoches, LA 71457

  • Other commercial real estate
  • 9.00 AC
For Sale
$492,666 View listing

Property Details for 5409 University Pkwy

Lot size
9.00 AC
Property type
Other commercial real estate
APN
0011184700A
APU
0011184700A

Description

This exceptional 1.28-acre commercial lot, located at 5409 University Pkwy LOT 3 in Natchitoches, Louisiana, presents a unique investment opportunity. Zoned for commercial use, this property boasts an excellent location with high visibility and traffic volume, making it ideal for a variety of businesses. Situated next to a Burger King on the west side of Interstate 49, this prime location ensures significant exposure to a large customer base. The property's strategic placement offers unparalleled access and convenience for potential customers. The asking price is $558,875. This parcel is privately owned and presents a rare chance to establish a thriving enterprise in a high-demand area. Its suitability for hotels, restaurants, retail outlets, or gas stations makes it a versatile investment with strong potential for significant returns. The property is located in Natchitoches Parish, Louisiana, with a zip code of 71457. The coordinates are 31.725602 latitude and -93.160099 longitude. This is a commercially zoned lot offering a high-growth potential in a thriving community. Don't miss this opportunity to secure a prime piece of commercial real estate in a highly desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $123,356,200
    Hospitality
    $112,993,616
    Educational
    $94,009,360
    Medical
    $97,242,488
    Retail
    $146,236,784
5409 University Pkwy, Natchitoches, Louisiana

Location Insight

City
Natchitoches
County
Natchitoches
State
Louisiana
Latitude
31.7256
Longitude
-93.1601
CBSA code
35060
CBSA name
NATCHITOCHES, 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
$15,796
$71,150
$78,710
$149,860
-
$711,500
$524,733
$1,236,233

FAQs

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