1322 Cooktown Rd Ruston, LA 71270
This exceptional 4.237-acre commercial land parcel in Ruston, Louisiana, presents a remarkable investment opportunity. Priced at $2,500,000 ($13.54/sq ft), this property boasts 184,694 square feet and is zoned B-4 Highway Business, allowing for a wide range of commercial uses. Situated on Cooktown Road, it benefits from approximately 188 feet of road frontage, ensuring high visibility and accessibility. The location is highly desirable, less than a quarter-mile from I-20, providing easy access to major transportation routes. The property is strategically positioned across from a shopping center anchored by national retailers such as Hobby Lobby, TJ Maxx, Ulta, Rack Room Shoes, and 5 Below, guaranteeing significant foot traffic and brand synergy. Further enhancing its appeal, the property is situated near Brister's Smokehouse Barbecue and a Dairy Queen, and less than two miles from the upcoming Buc-ee's travel center. While a house currently sits on the front of the partially cleared lot, the property offers substantial development potential for businesses seeking a high-visibility location in a thriving Ruston, Louisiana market. The property's proximity to Louisiana Tech University also presents unique opportunities. This is a rare chance to acquire a substantial commercial land holding in a rapidly growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.