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$ 675,000
Est. payment /mo
New
0 MASONIC DR Alexandria, LA 71301
4.67 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2578773
HOA Y/N No
Lot Size 4.670 Acres
Acres 4.67
Property Description
PRIME DEVELOPMENT OPPORTUNITY – MASONIC DRIVE CORRIDOR
AVAILABLE 4.67 acres in the heart of Alexandria's Masonic Drive corridor. The property is directly across from the Alexandria Mall and near the Christus St. Frances Cabrini Hospital campus.
The property extends from Masonic Drive through to Prescott Road, providing access and visibility from two roadways with approximately 256 feet of frontage on Masonic Drive and 183 feet of frontage on Prescott Road. Excellent potential for future commercial, medical, professional, retail or mixed-use development.
The asking price of $675,000 is based on land value only. The existing residential homes on the property are considered to have no contributory value.
Adding to the potential of the property is the City of Alexandria's REIGNITE MASONIC DRIVE CORRIDOR initiative, a major revitalization effort focused on the Masonic Drive corridor. The City's plans include transportation and infrastructure improvements, recreation, and initiatives intended to encourage new investment and redevelopment along the corridor.
https://www.cityofalexandriala.com/wp-content/uploads/2026/05/REIGNITE-FAQ-Complete-2026.pdf
https://www.cityofalexandriala.com/wp-content/uploads/2026/05/REIGNITE-FAQ-11-2025-Slide-Show-Build-Blocks.pdf
AVAILABLE 4.67 acres in the heart of Alexandria's Masonic Drive corridor. The property is directly across from the Alexandria Mall and near the Christus St. Frances Cabrini Hospital campus.
The property extends from Masonic Drive through to Prescott Road, providing access and visibility from two roadways with approximately 256 feet of frontage on Masonic Drive and 183 feet of frontage on Prescott Road. Excellent potential for future commercial, medical, professional, retail or mixed-use development.
The asking price of $675,000 is based on land value only. The existing residential homes on the property are considered to have no contributory value.
Adding to the potential of the property is the City of Alexandria's REIGNITE MASONIC DRIVE CORRIDOR initiative, a major revitalization effort focused on the Masonic Drive corridor. The City's plans include transportation and infrastructure improvements, recreation, and initiatives intended to encourage new investment and redevelopment along the corridor.
https://www.cityofalexandriala.com/wp-content/uploads/2026/05/REIGNITE-FAQ-Complete-2026.pdf
https://www.cityofalexandriala.com/wp-content/uploads/2026/05/REIGNITE-FAQ-11-2025-Slide-Show-Build-Blocks.pdf
Location
State LA
County Rapides
Zoning Res
Direction Property is located on Masonic Drive facing the mall and next to Aiken Development
Interior
Fireplace No
Exterior
Utilities Available Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Water Access Desc Public
Present Use Residential,Single Family
Street Surface Asphalt
Building
Lot Description 1 to 5 Acres, City Lot
Sewer Public Sewer
Water Public
Others
Tax ID 1010024600
Special Listing Condition None
Listed by LATTER AND BLUM Central Realty LLC
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