1.2 Acres of Residential Land for Sale in Baton Rouge, Louisiana

488 Magnolia Wood Ave, Baton Rouge, LA 70808

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$589,900
1.21 acres
Active sale agoEst $5,803/mo

Expansive 1.21+/- acre real estate opportunity featuring two oversized lots (103-A: 110x240 and 104-A: 110x240) in a prime location. The property includes an existing 2-bedroom, 1-bath structure centrally positioned on the site. While the structure holds no value, the true potential lies in the vast land space, offering ample room for development. With the highest and best use identified as the demolition of the existing structure, this property presents a unique investment opportunity for prospective buyers to capitalize on the spacious plottage. Whether considering individual lot sales or combined development, this property promises a lucrative venture in the dynamic real estate market. The home shall remain with the property at no additional value."

Directions

From Highland Rd. turn onto Magnolia Wood Ave. Go appx. two blocks and home will be on the right hand side.

Property details

Coordinates
30.3765, -91.1233
Community
Magnolia Wood
Elevation
39 feet
MLS Number
GBRMLS 2024005501
Date Listed

Legal description

This 1.21-acre property is located at 488 Magnolia Wood Ave in Baton Rouge, LA 70808 with latitude 30.3765 and longitude -91.1233. The property is currently available for sale for $589,900 with a price per acre of $487,521. Listing data is sourced from Greater Baton Rouge Association of Realtors # 2024005501.

Verify sale details at the property source or contact LPT Realty at (985) 852-0208.

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Copyright (C) 2024 Greater Baton Rouge Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Listing checked and updated . Parcel data by Regrid.

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