621 Georgia Ave, Ruston, LA 71270-3930
This exceptional 1.27-acre commercial lot presents a rare opportunity in the thriving Ruston, LA market. Located at 621 E Georgia Avenue, this property boasts unparalleled visibility and accessibility due to its road frontage on three sides. Its prime location places it within a well-established commercial district, surrounded by successful businesses, ensuring high traffic and excellent exposure for any development. The expansive, flat terrain simplifies construction and offers significant flexibility for a variety of commercial uses, making it ideal for a new building or expansion project. The substantial size of the lot allows for ample parking and potential for multiple buildings or a large-scale development. This is a unique chance to acquire a highly desirable commercial property in a rapidly growing area. The asking price of $350,000 reflects the exceptional value and potential of this strategically located lot. Don't miss this opportunity to secure a prominent position in the heart of Ruston's commercial landscape. Serious inquiries are encouraged. The property is zoned for mixed-use development, offering a wide range of possibilities for future endeavors. Its flat topography minimizes site preparation costs and streamlines the development process. This location offers easy access to major transportation routes, ensuring convenient access for customers and employees. The surrounding businesses create a synergistic environment, fostering growth and attracting a diverse clientele.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.