Property profile

2000 Vienna St Ruston, LA 71270

OFF-MARKET
Warehouses
Property ID
US36-2351045
6,266 SF 81.66 ac lot Built 1923
Entity Owned 2-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1923
Total area 6,266 SF
Lot 81.66 ac (3,557,110 SF)
APN 5448
UPID US36-2351045

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Landscaping General Contractor

Location

2000 Vienna St Ruston, LA 71270-7208
Ruston metro Census 960800 RUSTON, LA MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.40M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.23M

Owner & transaction history

since 2023
Last sale
$2.4M
1 recorded transaction
2023
$2.4M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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