1.2 Acres of Residential Land for Sale in Baton Rouge, Louisiana
488 Magnolia Wood Ave, Baton Rouge, LA 70808
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
- Parish
- East Baton Rouge Parish
- Community
- Magnolia Wood
- Elevation
- 39 feet
- MLS Number
- GBRMLS 2024005501
- Date Listed
Legal description
Ward 1-3, Lot:103-A & 104-A, Subdiv:Magnolia Wood.
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Apr 4, 2024 | New listing | $589,900 | — | GBRMLS |