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Hwy 157

80 Acres of Commercial Land Offered at £1,529,599 in Princeton, LA 71067

Investment Highlights

  • Located in one of the fastest-growing municipalities in Louisiana, this area boasts a remarkable growth rate, the highest in Bossier Parish.
  • With significant traffic exposure, the property benefits from the recent growth in the east Bossier Parish area, where over 8,300 vehicles traverse.
  • The location is an ideal site for various commercial or residential projects, particularly due to its proximity to the desirable neighborhoods.
  • This high visibility and accessibility make it perfect for retail centers, mixed-use developments, and residential communities.

Executive Summary

The location is an ideal site for various commercial or residential projects, particularly due to its proximity to the desirable neighborhoods of Faith Estates and Faith Plantation. With significant traffic exposure, the property benefits from the recent growth in the east Bossier Parish area, where over 8,300 vehicles traverse the Highway 157 interchange daily. This high visibility and accessibility make it perfect for retail centers, mixed-use developments, and residential communities.

Property Facts

Price £1,529,599
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Mixed Use
Total Lot Size 80.00 AC

1 Lot Available

Lot

Price £1,529,599
Price Per AC £19,120
Lot Size 80.00 AC

This exceptional 80-acre property is strategically situated just 3.98 miles north of the Interstate 20/Hwy 157 corridor at the Fillmore exit, offering 1,340 feet of direct frontage on Highway 157.

Description

Located in one of the fastest-growing municipalities in Louisiana, this area boasts a remarkable growth rate, the highest in Bossier Parish. With over 100 new homes recently built and additional residential projects underway, the community is thriving. The property is less than seven miles from the new Barksdale Air Force Base/I-220 interchange, which is currently undergoing expansion, enhancing the area’s appeal. Recent multi-million-dollar capital improvements by the Town of Haughton and the Louisiana Department of Transportation and Development at the LA 3227/LA 157 intersections reflect the ongoing commitment to infrastructure development. Additionally, new middle and high schools have been constructed in recent years to accommodate the growing population, making this an attractive area for families and businesses alike.

zoning

Zoning Code Commercial (Commercial)
Commercial (Commercial)
  • Listing ID: 33609144

  • Date on Market: 23/10/2024

  • Last Updated:

  • Address: Hwy 157, Princeton, LA 71067

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