Est. $8,029/mo
-- Bed-- Bath-- Sqft

16143 Greenwell Springs Rd, Central, LA 70739

Listed by Tom Bhramayana
Lot In Central

A beautiful 15.18 acres tract of land with several stately live oaks, of which two are on the registry. Property is located in Central on a high elevated section of Greenwell Springs Rd between Central Thruway and Magnolia Bridge Rd that has high traffic counts. Property is symmetrically shaped with 808' of frontage on Greenwell Springs Rd and consists of 3 wood frame houses, two manufactured homes, and a larger 3100 sq/ft 4 bed, 2 1/2 bathroom residence near the rear of the property. Main residence also has a 30x40 workshop with power. Property did not flood in 2016 and does not require flood insurance. Not only does the residence along Greenwell Springs receive $4,700 per month in rental income there is also an AT&T tower that leases for $9000 per year. Property backs up to BREC ball park. Property has potential to be a mixed development, retirement or assisted living community, medical or office park, or medium to high density housing.

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-- Bed-- Bath-- Sqft

16143 Greenwell Springs Rd, Central, LA 70739

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(833) 252-8033