DEVELOPERS DREAM! Cheap Commercial Land Available in HOT area!

[Lena Claybon]

29.93 acres of undeveloped commercial land located in rapidly expanding Ruston, LA right off busy Interstate 20 where new on ramp is being built.  This land offers incredible potential for investors and developers because it is sandwiched in-between two university campuses [Louisiana Tech (1 mi. East) and Grambling State (2 mi. West)]. Because of the recent influx of students at each school, housing can't go up quick enough!  This area is Ideal for apartments, but also for a retail strip mall or medical plaza. Land can also be divided and sold off as separate lots. Timber is included and can be sold to offset development costs. Includes 265’ of road frontage visibility from I-20 with two access points on Tarbutton Rd and Hwy 150.  I-20 ramp should be completed by end of 2018.  Being sold for $38,000 an acre.  Developed commercial properties here are going for $200,000-$500,000 an acre.  Now is the time to grab this desirous property before values triple getting closer to completion of ramp.