Highway 531 Minden, LA 71055
- Commercial real estate
- 7.90 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for Highway 531
- Lot size
- 7.90 lot acres
- Property type
- Commercial real estate
Description
This exceptional 7.9-acre commercial property boasts a prime corner location at the intersection of Highway 531 and Industrial Drive in Minden, Louisiana. Its strategic placement offers unparalleled visibility and accessibility, situated conveniently near the I-20 exit. The expansive lot presents a remarkable opportunity for developers seeking to establish a variety of commercial ventures, including hotels, restaurants, or retail establishments. The property's high-traffic location is further enhanced by its proximity to established businesses such as Love's Travel Stop & Casino, Arby's, Quick Draw Travel Plaza, an Exxon gas station, Subway, and the Minden Truck Stop Casino, ensuring a consistent flow of potential customers. The property is conveniently located within Minden city limits and is zoned B4 (highway commercial), simplifying the development process. Mineral rights will be transferred with an acceptable offer, adding further value to this exceptional investment. A survey of the property is readily available for review. Importantly, this property is not located within a designated flood zone, mitigating potential risks associated with development. This is a rare opportunity to acquire a significant commercial parcel in a thriving location with excellent visibility and access.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Minden
- County
- Webster
- State
- Louisiana
- Longitude
- -93.2496
- Latitude
- 32.6253
