488 Magnolia Wood Avenue
Baton Rouge, LA 70808 / Magnolia Wood

MLS ID# 2024005501 Active
Residential Lots

$589,900

1.21 Acreage
220x240 Lot Size


Details for 488 Magnolia Wood Avenue, 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."

Features and Details

  • Category Land
  • Type Residential Lots
  • Area/Neighborhood Magnolia Wood
  • County East Baton Rouge
  • Lot Dimensions 220x240
  • Acreage 1.21 Acres
  • MLS ID# 2024005501
Improvements
Curb & Gutter,Sidewalks
Location
Suburban
Lot Description
Level Lot
Price Includes
Land Incl
Present Use
Lot,Res Single Family
Potential Use
Res Single Family
Restrictions
No Mobile Restrict
Road Frontage
Asphalt RFront
Utilities
Cable Available,Electric Available,Gas Available
Water/Sewer
Public Sewer Available,Public Water Available
Compensation Amount
2.5%
This listing was last updated on 4/3/2024 4:33:29 PM.

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed