111 ac - Rapides Parish LA Land for Sale - Hwy 112

Property Description

111 +/- Acres offered as four parcels with Commercial or Residential Potential near Forest Hills in Rapides Parish, LA

This tract offers a prime location, income-producing pine timber, along with development potential. The 106-acre tract is located along Hwy 112 and contains two access points. The property is currently heavily timbered. It is located less than half mile from the Lecompte exit along I-49, which gives a developer an advantage.

It is positioned along the borders of the Forest Hills nursery area, giving this property a unique opportunity for a potential nursery or commercial venture with exposure to I-49. The property is also suited for residential development or as a conveniently located large homesite. The relatively flat terrain could make this property particularly well suited for a nursery layout or agricultural operation

The property contains a 30-year-old well stocked pine plantation, which provides immediate timber income. The timber is at the stage where a buyer can consider either a clear cut or thinning operation, depending on the buyer's objectives and management plans. A timber evaluation is available from the seller, upon request.

The property is offered as multiple parcels with the potential to alter tract size based on the buyer's needs, with two separate access points along Hwy 112 and an additional access point to tract A from Humpty Strange Road Rd.

A survey is currently being completed on the property.

An abandoned railroad tram transects the property and is currently subject to a long-term lease held by the seller. This lease will be transferred to the purchaser at closing where applicable.

Location: Situated on the north side of Hwy 112 on the west side of I-49 approx. 0.3 miles from the Lecompte exit.

Property Highlights:

111 +/- acres or 4 option parcels ranging from 7.2 to 50 Acres +/-
Located on Hwy 112 in Rapides Parish. .3 miles from I-49
Located in the Forest Hills nursery area
Approximately 30-year-old merchantable pine plantation timber to convey
Property can be purchased as a whole or as multiple parcels
Flat terrain suitable for nursery development/agricultural
Potential for residential use
Excellent location and accessibility due to proximity to I-49

The parcel options are as follows: Each parcel is offered at $8,000 per surveyed acre. Listed options are not surveyed and subject to acreage fluctuation depending on buyers needs:

Asking Prices:

A- 50.05 Acres +/- ($400,400)
B-34.95 Acres +/- ($279,600)
C-18.8 Acres +/- ($150,400)
D-7.2 Acres +/- ($57,600)

Purchase price as a whole: $888,000

Minerals: Negotiable

NOTE: Buyer’s Agents please see the RecLand site for information regarding commission.

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Call Adam Burkett at 318.272.7525 with any questions or to schedule a showing.