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    2208-2310 Macarthur Dr Alexandria, LA 71301

    For Sale
    $1,500,000

    10.83 Acres, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 10.83-acre commercial land parcel presents a remarkable investment opportunity in Alexandria, Louisiana. Located at 2208-2310 N MacArthur Dr, Alexandria, LA 71303, this unrestricted property boasts prime highway frontage on a busy city road, ensuring unparalleled visibility and accessibility. The expansive cleared acreage offers ample space for a wide range of commercial developments, from retail spaces and office buildings to mixed-use complexes. Its strategic location within a highly sought-after area guarantees a constant stream of potential customers, maximizing exposure and attracting a diverse clientele. The property benefits from readily available utilities, including sewer and electricity, simplifying development plans. Furthermore, the unrestricted zoning and alcohol permit allowance provide significant flexibility for prospective businesses. This is an ideal location for businesses seeking to establish a strong presence in a high-traffic area with excellent visibility and convenient access. The property's size and location make it a truly unique opportunity for significant commercial growth and return on investment. Rapides Parish location and 71301 zip code.

    Property Features for 2208-2310 Macarthur Dr

    General Information

    Property type
    Land
    Lot Size
    471,755 SF

    HighLights

    • 10.83‑acre unrestricted commercial land parcel in Alexandria, LA, at 2208‑2310 N MacArthur Dr.
    • Prime highway frontage with excellent visibility and accessibility.
    • Ample space for various commercial developments (retail, office, mixed‑use).
    • Readily available utilities (sewer, electricity).
    • Unrestricted zoning and alcohol permit allowed.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Alexandria
    County
    Rapides Parish
    State
    Louisiana
    Longitude
    -92.472746517893
    Latitude
    31.315541460058

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    FAQs

    What type of property is this?
    Land - 10.83 Acres, High Visibility
    Where is this land located?
    The property is located at 2208-2310 Macarthur Dr Alexandria, LA.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: 10.83-acre unrestricted commercial land parcel in Alexandria, LA, at 2208-2310 N MacArthur Dr.; Prime highway frontage with excellent visibility and accessibility.; Ample space for various commercial developments (retail, office, mixed-use).
    (318) 231-2000
    Request Owner's contact information
    2208-2310 Macarthur Dr Alexandria, LA 71301
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2208-2310 Macarthur Dr Alexandria, LA 71301
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