0 Old Boyce Rd Boyce, LA 71303
This exceptional 5-acre parcel of land presents a unique investment opportunity in Alexandria, Louisiana. Located within city limits, on Old Boyce Road, this property is currently zoned Agricultural, offering potential for various commercial or residential uses, subject to necessary approvals. Its strategic location provides convenient access to Interstate 49, ensuring excellent connectivity for businesses and residents alike. Utilities are readily available, including water, electricity, and cable service. A private septic system is already in place. The property boasts a level topography, making development straightforward. While currently zoned agricultural, the potential for rezoning to accommodate commercial ventures makes this a highly attractive proposition. Note that additional acreage may be available for purchase, providing opportunities for expansion. The asking price for this prime commercial land is $129,000. This represents a compelling investment in a rapidly growing area with significant potential for future appreciation. The property's address is Old Boyce Rd, Alexandria, LA 71303, in Rapides Parish.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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