2000 Vienna St Ruston, LA 71270
- Warehouses
- 6,266 SF
- 81.66 lot acres
Current Use by Public Records
- Eco Clean Pressure Washing / Pressure Washing Service
Property Details for 2000 Vienna St
- Year built
- 1923
- Lot size
- 81.66 lot acres
- Property size
- 6,266 SF
- Property type
- Warehouses
- APN
- 5448
- APU
- 5448
Description
This exceptional 6-acre commercial land parcel presents a unique investment opportunity in Ruston, Louisiana. Located at 2000 S Vienna St, this property boasts a highly desirable location within the CPS (Central Parkway Sports District) zoning, encompassing B2 and B3 commercial designations. The site benefits from exceptional visibility and accessibility, situated on S. Vienna Street, which experiences a daily traffic count of 20,261 vehicles. Its proximity to downtown Ruston (1.7 miles south) and the burgeoning Country Club Estates Subdivision (304 homesites) ensures strong future growth potential. The property's adjacency to the new Ruston Sports Complex, attracting an estimated 410,000 visitors annually by 2024, further enhances its value and appeal. The land is sub-dividable, offering flexibility for various development scenarios. With a total available area of 261,360 square feet, the price per square foot ranges from $5 to $12, reflecting the property's prime location and development potential. This is an exceptional opportunity for investors seeking a high-traffic, strategically located commercial land parcel in a rapidly growing area. The property's zoning allows for a wide range of commercial uses, making it suitable for various businesses and developments. The high traffic count and proximity to residential and recreational amenities make this a truly exceptional investment opportunity. The Lincoln Parish location and 71270 zip code further solidify its desirability.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,230,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,550,000
- 6.5%
- $2,350,000
- 7%
- $2,250,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,815,000
- Geo Method
- $2,660,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,695,000
- Retail
- $2,360,000
- Mixed-Use
- $2,645,000
- Hospitality
- $2,355,000
- Educational
- $2,460,000
- Residential Income
- $2,420,000
- Energy
- $3,000,000
- Income-Based Land
- $3,180,000
- Food Service
- $2,695,000
Location Insight
- Map
- Local Demand
- City
- Ruston
- County
- Lincoln
- State
- Louisiana
- Longitude
- -92.6408
- Latitude
- 32.5064
- CBSA code
- 40820
- CBSA name
- RUSTON, LA MICROPOLITAN STATISTICAL AREA
