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    5215 Macarthur Dr Alexandria, LA 71302

    For Sale
    $595,000

    6-Acre Commercial Land, High Traffic Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 6.01-acre commercial land parcel, located at 5215 S MacArthur Dr, Alexandria, LA 71302 (Rapides Parish), presents a unique redevelopment opportunity. Previously a successful truck stop and Southwest Station, this property boasts a prime location at the intersection of S MacArthur Drive (Hwy 71S) and Sugarhouse Road (LA 3250), ensuring high visibility and significant traffic counts. The site's history as a thriving transportation hub makes it ideal for a variety of commercial ventures. Potential uses could include a hotel, a welcome center, or another convenience-oriented business catering to travelers. The property is zoned for commercial use and is privately owned. Existing infrastructure includes tanks that undergo annual certification, meeting all relevant safety standards. This vacant land offers a blank canvas for an entrepreneur with a vision to capitalize on its strategic location and rich history of serving the traveling public. The asking price for this significant commercial land parcel is $595,000. This is a rare chance to acquire a well-positioned property with substantial redevelopment potential in a high-traffic area of Alexandria, Louisiana.

    Property Features for 5215 Macarthur Dr

    General Information

    Property type
    Land
    Lot Size
    261,360 SF

    HighLights

    • 6.01‑acre commercial land parcel in Alexandria, LA.
    • High‑visibility location at S MacArthur Dr (Hwy 71S) & Sugarhouse Rd (LA 3250) with high traffic counts.
    • Zoned for commercial use and ideal for redevelopment; potential uses include hotel or convenience‑oriented businesses.
    • Existing infrastructure includes annually certified tanks.
    • Asking price: $595,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Wholesale Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Alexandria
    County
    Rapides Parish
    State
    Louisiana
    Longitude
    -92.4382145
    Latitude
    31.2541909

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    FAQs

    What type of property is this?
    Land - 6-Acre Commercial Land, High Traffic Area
    Where is this land located?
    The property is located at 5215 Macarthur Dr Alexandria, LA.
    What is the asking price?
    The asking price for this property is $595,000.
    What are key features of this property?
    This property features: 6.01-acre commercial land parcel in Alexandria, LA.; High-visibility location at S MacArthur Dr (Hwy 71S) & Sugarhouse Rd (LA 3250) with high traffic counts.; Zoned for commercial use and ideal for redevelopment; potential uses include hotel or convenience-oriented businesses.
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    5215 Macarthur Dr Alexandria, LA 71302
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    Alexandria, LA 71302
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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
    5215 Macarthur Dr Alexandria, LA 71302
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