Seize this exceptional opportunity to own 1.18+ \ - acres directly across from the Thomas Assembly Center on the Louisiana Tech University campus. With approximately 475 feet of road frontage on W Alabama Avenue, this property offers high visibility and easy access, making it perfect for your next investment. Zoned R2 with conditional use for apartment development, the property provides flexibility for a range of residential uses, including duplexes and single-family homes. Its prime location near campus amenities and student activities makes it an ideal spot for developers looking to meet the growing demand for student housing or residential units. Don`t miss out on this rare chance to develop in a thriving area—contact a local REALTOR today to learn more!!!!
Don't miss this opportunity to purchase 4 acres across from Thomas Assembly Center on La Tech campus on Alabama. The majority of the road frontage is on Penny Lane. Penny Lane is a popular location for apartment development. Zoned R2, this property has conditional use for apartment development. R2 allows duplex and single family development among other uses. Access this property from Alabama or Penny Lane. Call a realtor today to gain access to zoning information and a plat of this property.
Year
Property tax
Land + Additions
Assessment*
2016
$181 (+10.4%)
$2,300
2014
$164
$1,898
Public record
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Vacant Land
County
Lincoln Parish
APN
01241
Parking Spaces
—
Basement
—
Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Jan 10, 2026.
Property details
Exterior
Exterior Features
Fencing: None
Property Information
Property Type: Land
Property Sub Type: Multi Family
Raw Mls Property Sub Type: Multi Family
Lot Information
Lot Features: Wooded, Irregular Lot
Road Surface Type: Paved
Lot Size : 1.18
Lot Size Area: 1.18
Lot Size Units: Acres
Lot Size Acres: 1.18
Utilities
Utility Information
Water Source: Public
Electric on Property
Utilities: Natural Gas Available, Sewer Available, Water Available, Electricity Available
Location
Location Information
Directions: Take Tech Drive exit heading toward LA. Tech. Turn Right on W. Alabama toward the Thomas Assembly Center. Directly across the street sits this property.
Subdivision Name: OTHER
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Vacant Land
Year Built: —
Year Renovated: —
County: Lincoln Parish
APN: 01241
Home facts updated by county records on Jan 9, 2026
Around this home
Schools
Cypress Springs Elementary School
Public 3-5 • Assigned • 0.9mi
6/10
Ruston Junior High School
Public 7-8 • Assigned • 1.0mi
5/10
Ruston High School
Public 9-12 • Assigned • 0.8mi
8/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
7/10 Heat Factor
7 hot days expected this year, 21 days in 30 years
Wind Factor
We're working on getting current and accurate wind risk information for this home.
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Ruston, LA • 71270
Average low and high temperatures (°F)
54
34
64
43
75
52
80
58
81
63
89
73
92
74
91
71
86
66
81
55
70
51
61
43
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
97/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.8 hrs
7.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$188,000 – $227,000
Sell confidently with a local market expert in Ruston.