Louisiana Procurement and Contract Network #123457-SB1873

Sale of 4-Acre Vacant Land Parcel at 7300 Dover Street, Baton Rouge, LA

This opportunity involves the sale of a 4-acre vacant land parcel by the Recreation and Park Commission for the Parish of East Baton Rouge (BREC): - Government Buyer: - Recreation and Park Commission for the Parish of East Baton Rouge (BREC) - BREC Finance Department - Property Details: - 4-acre parcel located at 7300 Dover Street, Baton Rouge, Louisiana (Section 50, T-6-S, R-1-E) - Currently zoned A-1 (Single-Family Residential) - Appraised market value: $250,000 (net of $25,000 in estimated costs for rezoning and demolition) - Flat, rectangular lot with municipal utilities; not in a flood zone - Highest and best use: multifamily residential development, subject to rezoning - Sale Requirements: - Minimum bid price: $250,000 - Bids accepted electronically via Bid Express or as sealed paper submissions - Successful bidder must enter into a binding purchase agreement within 45 days of bid opening - Complete bid documents available from BREC Purchasing Department - No OEMs or commercial vendors are involved, as this is a real property sale - Notable Considerations: - Appraisal assumes potential rezoning for multifamily use - Buyer responsible for rezoning and demolition costs ($25,000 estimated) - Exposure time for sale estimated at 12 to 18 months

Description

This solicitation is for the sale of a 4-acre portion of Kildare Plantation located in Section 50, T-6-S, R-1-E in Baton Rouge, Louisiana. The land is vacant and not needed for public recreation purposes, with a minimum price set at $250,000 based on an appraised value. Sealed bids, either electronic or paper, will be accepted until 2:00 pm CT on July 9, 2026, by the BREC Finance Department. Bids will be publicly read aloud immediately after the closing time, and acceptance is subject to a binding purchase agreement within 45 days of bid opening.

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