Memorial Dr, Alexandria, LA 71301

Property Description

ONLINE AUCTION — Bidding closes Thursday, June 11, 2026 at 2:00 PM CT. 5.74± acres of pad-ready commercial development land on Memorial Drive in Alexandria, Louisiana, located directly behind Target and adjoining the Christus St. Frances Cabrini Hospital campus. The tract is within walking distance of Walmart, Boot Barn, Alexandria Mall, JCPenney, and Belk — placing it squarely in the heart of Central Louisiana's busiest retail and medical corridor.The property is generally level, cleared, mowed, and build-ready, with frontage at a signalized intersection on Memorial Drive. City water, sanitary sewer, electric, and natural gas are available to the site. The size and configuration support a single large-format development or multiple pad sites.Highest and best uses include multi-tenant retail, freestanding national tenants, QSR and casual-dining pad sites, medical office buildings, urgent care, dental and specialty clinics, limited-service or extended-stay hospitality, climate-controlled self-storage, or mixed-use development. Pad-ready acreage of this scale and visibility rarely comes to market in this trade area.AUCTION TERMS: See auction website. Register and bid at bid.bonnetteauctions.com. Broker cooperation welcome — contact listing office to register your buyer.