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  5. ›Land sale Auction ALEXANDER STREET PARK

Louisiana The Recreation and Park Commission for the Parish of East Baton Rouge (BREC)·Louisiana

Land sale Auction ALEXANDER STREET PARK

Closes 7/9/2026$500k – $600kInvitation for Bid
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Description

The Recreation and Park Commission for the Parish of East Baton Rouge (BREC) is seeking bids for the sale of 8.830± acres of vacant land fronting Alexander Avenue in Baton Rouge. The minimum bid price is $550,000. The land is currently zoned A-2 (Single-Family Residential), but the appraisal report assumes it can be rezoned for multifamily development without significant capital outlays or delays. The subject property is located in a neighborhood with established residential areas, public land uses, and limited commercial development. The area has a stable employment base, with major employers including Louisiana State University, ExxonMobil, and healthcare systems. The bid documents are available by email request to the BREC Purchasing Department. • The bid submission deadline is July 9, 2026, at 2:00 pm CT. • The bid opening will be held immediately after the submission deadline. • The successful bidder will be required to enter into a binding written Purchase Agreement within 45 days of the bid opening. • The property is being sold "as is," and the buyer will be responsible for any necessary rezoning or development costs. • The appraisal report estimates the market value of the property to be $550,000, based on a sales comparison approach.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Dedra Fountain(Purchasing Department)

[email protected]

(225) 273-6421

Key dates

Opened
6/17/2026
Closes
7/9/2026

Last updated

Details

Type
Invitation for Bid
Industry
Real Estate
NAICS
237210
Solicitation №
123457-SB1870

Budget estimate

$500,000 – $600,000

Based on the minimum bid price of $550,000 and the appraisal report's estimated market value, the budget for this project is expected to be around $550,000. However, the actual budget may vary depending on the winning bid and any subsequent negotiations. The budget is influenced by factors such as the property's location, zoning, and potential for development.

AI estimate from the solicitation

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