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501 Highway 22 W
Madisonville, LA 70447
501 Hwy 22 · Land For Sale · 72.00 AC

Investment Highlights

  • City limits of Madisonville
  • Mutliple parcels available
  • Hwy 22 Frontage
  • Zoned for Multi-family

Executive Summary

72 Acres available in the City Limits of Madisonville on the South side of Hwy 22 with multiple commercial uses possible. Price is based on estimated building acreage of 19 acres. Property will need to be subdivided.
Zoning allows for multi-family use, along with multiple other commercial uses (C2 Madisonville Zoning attached)
The property is is approximately 1.4 miles to the Tchefuncte River and 4.5 miles from I-12. No Wetlands Determination on file.
4 acre parcel - Approximately 570 ft of frontage - $304,920
15 acre parcel - Approximately 850 ft of frontage -$980,100
72 acre parcel (approximately 19 acres of buildable land) -Approximately 2,200 ft of frontage -$1,285,020

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Multifamily
Total Lot Size 72.00 AC
Zoning C2 - Town of Madisonville

1 Lot Available

Lot

Price $1,779,740 CAD
Price Per AC $24,718.61 CAD
Lot Size 72.00 AC

72 Acres available in the City Limits of Madisonville on the South side of Hwy 22 with multiple commercial uses possible. Price is based on estimated buildable acreage of 19 acres.

Description

72 acres located on the south side of Hwy 22 within the city limits of Madisonville. This property offers versatile commercial opportunities with a zoning designation of C2 in the Town of Madisonville, allowing for various commercial uses, including multi-family developments. The price is based on the estimated building acreage of 19 acres. Property will need to be subdivided. Situated just 1.4 miles from the Tchefuncte River and conveniently positioned 4.5 miles from I-12, providing excellent accessibility. C2 Madisonville Zoning allows for multi-family use, making it a versatile choice for developers looking to capitalize on different commercial ventures. The 4-acre parcel boasts approximately 570 feet of frontage, offering visibility and accessibility. The 15-acre parcel features around 850 feet of frontage. The 72-acre parcel, with approximately 19 acres of buildable land has approximately 2,200 feet of frontage. - 4-acre parcel: $419,000 - 15-acre parcel: $1,568,160 - 72-acre parcel (approximately 19 acres of buildable land): $1,986,300 No Wetlands Determination on file. This prime commercial property offers a rare opportunity for investors seeking versatile land in Madisonville. Whether considering multi-family developments or other commercial ventures, this property's features and zoning make it a great option.

  • Listing ID: 30664961

  • Date on Market: 2024-01-15

  • Last Updated:

  • Address: 501 Highway 22 W, Madisonville, LA 70447

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