Residential Land for Sale in Baton Rouge, Louisiana
2137 Sherwood Meadow Dr Baton Rouge, LA 70816
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 $500 towards buyer closing costs with full price offer!
Directions
Get on I-10 W in Westminster, Continue on I-10 W. Take I-12 E to S Sherwood Forest Blvd in Baton Rouge. Take exit 4 from I-12 E, Continue on S Sherwood Forest Blvd. Take N Harrells Ferry Rd to Sherwood Meadow Dr
Location
- Street Address
- 2137 Sherwood Meadow Dr
- Parish
- East Baton Rouge Parish
- Community
- Sherwood Meadow
- School District
- East Baton Rouge
- Elevation
- 43 feet
Property details
- MLS Number
- GBRMLS 2024018294
- Date Posted
Parcels
- 032-6909-4
Legal description
Ward: 1-4, Subdivision: Sherwood Meadow, Lot: 8. 2nd Filing. (4-Unit Apt.)
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 |