0.27 Acres in Rayne, LA - $38,000
0.27 ac - Commercial Lot - Acadia
0.27 +/- ac of Commercial land with business development potential in Acadia Parish, LA
The three commercial non-subdivision zoned lots are located within the city limits of Rayne Louisiana and are primarily surrounded by commercial business and lots. The three well maintained lots are fronted by East Texas Avenue/HWY 90, nearly one hundred forty feet (140) and approximately eighty-four feet (84) in depth.
There is an income generating billboard located near the southwest corner of Lot A which is NOT included as part of the sale. There will be a twenty (20) year lease duration period from date of sale of APN# 0170081200 lots where seller is to retain 100% ownership of the billboard and equipment including any / all current / potential / unrealized revenue as well as full access to service/maintain. Upon expiration of twenty (20) year lease duration period, billboard and equipment, fu...
There is an income generating billboard located near the southwest corner of Lot A which is NOT included as part of the sale. There will be a twenty (20) year lease duration period from date of sale of APN# 0170081200 lots where seller is to retain 100% ownership of the billboard and equipment including any / all current / potential / unrealized revenue as well as full access to service/maintain. Upon expiration of twenty (20) year lease duration period, billboard and equipment, future revenue and service/maintenance access to transfer to current property owner. Seller to provide lease at closing.
Minerals: 100% Conveyed
Survey: Yes
Legal Access/Right of Way: Yes
Electric Utilities are available along the blacktop road.
Location: 701 East Texas Avenue/Hwy 90 Rayne LA 70578
Google Maps approximate coordinates: 30.235351, -92.262956
Legal Description: As described in the Acadia Parish Assessor Office - APN# 0170081200
Price: $38,000.00
NOTE: Buyers Agents please see the RecLand site for information regarding commission.
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