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    Property profile & analytics
    OFF-MARKET Estimated value $2,400,000
    Warehouses

    2000 Vienna St, Ruston, LA 71270-7208

    6,266 SF 81.66 ac lot Built 1923
    Entity Owned 2-yr Hold Absentee Owner Free & Clear
    Property ID
    US36-2351045
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Eco Clean Pressure Washing Landscaping General Contractor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $2.40M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $2.40M
    Owner & transaction history
    Wivi II Land Development LLC · 2 yrs held
    Wivi II Land Development LLC
    since 2023
    Last sale
    $2.4M
    1 recorded transaction
    2023
    $2.4M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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