Description
The Recreation and Park Commission for the Parish of East Baton Rouge (BREC) is seeking bids for the sale of a 4-acre portion of Kildare Plantation, located in Section 50, T-6-S, R-1-E, in Baton Rouge, Louisiana. The property is currently zoned A-1 (Single-Family Residential) and has a minimum price of $250,000. The sale is subject to a binding written Purchase Agreement acceptable to both parties within 45 days of the opening of bids.
Key aspects of the job include:
• The property is a 4-acre parcel of land with 55' of frontage at the east end of Dover Street.
• The property is located in the northern portion of Baton Rouge within East Baton Rouge Parish.
• The neighborhood is characterized primarily by established residential neighborhoods interspersed with public land uses, institutional properties, and limited neighborhood-serving commercial development.
• The property is currently owned by BREC and is not subject to property taxes.
• The property has been appraised at a value of $250,000, with an extraordinary assumption that the property can be rezoned for multifamily development without significant capital outlays or delays.