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Development Tract near Highway 90
For Sale
$1,425,000
Pending

3132 Highway 316, Gray, LA 70359

Prime development land available near Highway 90 and Highway 316.

Property SizeContact for details
Lot Size8.14 Acres
Days on Market1424

Property Features for 3132 Highway 316

General Information

Standard status Pending
Lot size 8.14 Acres
Property subtype Land
Listing Agency: KELLER WILLIAMS REALTY BAYOU P
Listed By: Hank Babin · License #57860
Source: Exprealty
Added: Dec 1, 2022 Changed: Oct 12 Last Checked: Oct 24 at 7:35PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KELLER WILLIAMS REALTY BAYOU P

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Investment Insights

Based on property information with market context.

Tract B-1 is a development tract located on the corner of Bayou Blue Road and the entrance to Highland Oaks Subdivision. Situated just off Highway 90 and Highway 316, this tract is currently in Flood Zone C. The property can also be purchased with adjacent Tract B-2, which contains 3.399 acres, for a total of 11.54 acres.

Key Highlights

  • Prime development tract location.
  • Located on the corner of Bayou Blue Road and the entrance to Highland Oaks S/D.
  • Just off Highway 90 and Hwy. 316.

Property Analytics

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Suggested Use

Top Pick Parking Lot & Garage HVAC Service Storage Facility Carpet & Flooring Store Restaurant Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

40
Businesses Nearby

Demographics for 70359, LA

9,591
Population
3,768
Households
2.5
Avg Household Size
35
Median Age
14%
College-Educated
82%
High-School Grad
14.4 sq mi
ZIP Area
666
Density / Sq Mi
$54,139
Median Household Income
$33,058
Median Earnings
$1,119
Median Rent
$161,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Land - Prime development land available near Highway 90 and Highway 316.
Where is this land located?
The property is located at 3132 Highway 316 Gray, LA.
What is the asking price?
The asking price for this property is $1,425,000.
What are key features of this property?
This property features: Prime development tract location.; Located on the corner of Bayou Blue Road and the entrance to Highland Oaks S/D.; Just off Highway 90 and Hwy. 316.
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