Tbd Fire Tower Rd

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Tbd Fire Tower Rd

Springfield, LA 70462
Asking Price
$2.93M
Asset Type
Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The property encompasses 902 acres of land in Springfield
  • Current asking price for this tract is $2,931,500
  • Located along Fire Tower Road in Livingston Parish
  • Suitable for large-scale agricultural or residential development projects
  • Positioned within reach of major Baton Rouge metropolitan transit

What's Special

This 902-acre land tract situated on Tbd Fire Tower Road in Springfield, Louisiana, presents a significant holding for large-scale development or agricultural operations. The expansive parcel offers ample acreage suitable for forestry, residential development, or recreational land use within a growing suburban area of the region. Springfield maintains a quiet, rural character while benefiting from proximity to regional transit arteries that link to major employment hubs in the Baton Rouge metro area. Investors looking for long-term land banking or large-scale project sites will find the geography of this site flexible for various site plans. The layout of the acreage provides substantial scale for versatile commercial or agricultural utilization, positioning it as a distinct asset for developers seeking substantial territory in the state. Local economic conditions remain steady, supporting diverse interests from traditional farming ventures to strategic residential expansion projects as the surrounding region continues its moderate growth trajectory.

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NOI
$80,000
Cap Rate
2.73%
DSCR
0.46
Underwater
Cash-on-Cash
-10.69%
Monthly Payment
$14,503.463
Annual Cash Flow
$-94,041.55

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