A rare opportunity to acquire 5.74± acres of prime commercial development land in the heart of Alexandria, Louisiana's busiest retail and medical corridor. The property fronts Memorial Drive directly behind Target and adjoins the Christus St. Frances Cabrini Hospital campus, with immediate proximity to Walmart, Boot Barn, JCPenney, Belk, and Alexandria Mall.
Alexandria is the parish seat of Rapides Parish and the commercial hub of Central Louisiana, serving a regional trade area of more than 300,000 residents across nine surrounding parishes. Memorial Drive functions as the primary connector between North MacArthur Drive (US-71/US-165) and North Boulevard, linking the Alexandria Mall trade area with the Christus St. Frances Cabrini Hospital campus and the surrounding medical-office submarket. The intersection produces consistent seven-day-a-week traffic generated by retail, restaurant, hospital, and professional users.
The site's size, frontage, signalized access, and build-ready condition support a broad range of highest and best uses, including multi-tenant retail strip centers, freestanding national tenants, QSR and casual-dining pad sites, medical office buildings, dental and specialty clinics, urgent care, limited-service or extended-stay hospitality, climate-controlled self-storage, or mixed-use combinations. Pad-ready acreage of this scale and visibility rarely comes to market in this trade area.
Offered at online auction with bidding closing June 11, 2026.
