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  5. ›26-048 - Sale of Surplus Immovable Property - Formerly…

Louisiana

26-048 - Sale of Surplus Immovable Property - Formerly Community Dev. - 401 Texas Street

Closes 10/29/2026$500k – $2MInvitation for BidLogin required
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Description

This solicitation offers the sale of a surplus immovable property formerly used for community development, located at 401 Texas Street in Caddo Parish, Louisiana. Interested bidders must submit a bid bond of 10 % and may deliver bids either electronically or physically. The procurement follows a formal Invitation for Bid process with a clear deadline and mandatory submission of specific bid forms. • Property location: 401 Texas Street, Caddo Parish, LA • Bid bond requirement: 10 % of the bid price • Submission methods: electronic or physical bid submission • Key deadlines: questions due 10/21/2026, bid submission 10/29/2026 • Required documents: COS Bid Form #1 (page 6) and COS Bid Form #2 (Bid Bond)

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Key dates

Opened
9/2/2026
Questions due
10/21/2026
Closes
10/29/2026

Last updated

Details

Type
Invitation for Bid
Industry
Property Development
NAICS
531190
Solicitation №
26-048

Budget estimate

$500,000 – $2,000,000

Because the solicitation involves the sale of a surplus property, the contractor (buyer) will receive the proceeds from the transaction rather than being paid for services. Assuming the parcel is a modest commercial parcel in a mid‑size Louisiana parish, a plausible market value could range between $500 k and $2 M, depending on size, condition, and zoning. Hence the expected budget (sale price) is estimated within that band.

AI estimate from the solicitation

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