Property Overview

Opportunities like this rarely come along on Coliseum Boulevard. This level, open 0.88± acre tract is positioned in the heart of one of Central Louisiana’s busiest retail districts — directly beside the Walmart Supercenter and within sight of Whataburger, Sonic Drive-In, Panda Express, Murphy USA, and Shelton Outdoor Power. Established shopping-center infrastructure is already in place around the site, including concrete curb and gutter, sidewalks, parking-lot lighting, and a fire hydrant at the property — making it a true development-ready pad site for retail, restaurant, medical, office, or service uses.

The lot’s clean, rectangular shape and finished street frontage let a buyer move straight to planning and construction. Daily traffic drawn by the adjoining Walmart Supercenter and the Hwy 28 West commercial strip delivers built-in visibility and customer flow from day one.

Property Photos

Location Highlights

• Adjacent to Walmart Supercenter — the anchor of the Coliseum Blvd retail district draws steady daily traffic past the site.
• Hwy 28 West retail corridor — one of Alexandria’s primary commercial strips, home to national brands including Whataburger, Sonic Drive-In, Panda Express, and Murphy USA.
• Development-ready infrastructure — concrete curb and gutter, sidewalks, area lighting, and a fire hydrant already in place.
• Level, open, clean site — no clearing or demolition needed; ready for immediate planning and construction.
• Established trade area — surrounded by shopping centers, offices, and services near S Cloverleaf Blvd, minutes from the Rapides Parish Coliseum and central Alexandria.
• Central Louisiana hub — Alexandria sits at the crossroads of the state, drawing shoppers from throughout Rapides Parish and the surrounding parishes.

How the Sealed Bid Auction Works

This property is offered exclusively by sealed bid. Each interested buyer submits one confidential written bid using the forms provided in the Sealed Bid Packet. All bids must be received by 2:00 PM CT on Thursday, September 10, 2026. Bids are then presented to the Seller, and the final bids are subject to the Seller’s acceptance or rejection.

To request the Sealed Bid Packet — including bidding procedures, bid forms, and purchase contract documents — call (318) 443-6614 or email info@bonnetteauctions.com.

Sealed Bid Auction Terms

Procedure

The property will be offered via a Sealed Bid Auction with bidding procedures more specifically outlined in the Sealed Bid Packet. The final bids are subject to the Seller's acceptance or rejection.

Buyer's Premium

The purchase price will be the bid amount plus a 10% buyer's premium.

Purchase Contract

With the submission of a Bid(s), each Buyer is required to sign the purchase contract documents in the forms provided in the Sealed Bid Packet. All statements and information in the marketing materials are subject to the terms and conditions of the purchase contract documents. Seller shall not be bound by any statement, promise or inducement that is not contained in the purchase contract documents.

Down Payment

10% of the total contract purchase price will be due as a down payment on the day of auction, with the balance due in cash at closing. The down payment may be made in the form of cashier's check, personal check, or corporate check. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, SO BE SURE YOU HAVE ARRANGED FINANCING, IF NEEDED, AND ARE CAPABLE OF PAYING CASH AT CLOSING.

Evidence of Title

Seller shall provide an owners title insurance policy in the amount of the purchase price.

Deed

Property to be conveyed by the appropriate deeds.

Possession

Possession shall be at closing.

Closing

The closing shall take place 30 days after the auction or as soon thereafter as applicable closing documents are completed by Seller.

Real Estate Taxes

2026 taxes will be prorated to the date of closing.

Property Inspection

Each potential Bidder is responsible for conducting, at their own risk, their own independent inspections, investigations, inquiries and due diligence concerning the property prior to bid submission. Further, Seller disclaims any and all responsibility for Bidders safety during any physical inspection of the property. No party shall be deemed an invitee of the property by virtue of the offering of the property for sale.

Tract Maps, Acres, Dimensions

Tract maps, advertised acres and improvement dimensions are approximations based on existing tax parcel data, legal descriptions, architectural plans and/or aerial mapping data and are not provided as survey products.

Agency

Bonnette Auction Company, Inc. and its representatives are exclusive agents of the Seller.

Conduct of Auction

The conduct of the Sealed Bid Auction will be at the direction and discretion of the Auction Company. Seller and its agents reserve the right to preclude any person from bidding if there is any questions as to the person's identity, credentials, fitness, etc.

Disclaimer and Absence of Warranties

ALL PROPERTY IS OFFERED "AS IS, WHERE IS". NO WARRANTY OR REPRESENTATION, STATED OR IMPLIED, IS MADE BY SELLER OR AUCTION COMPANY CONCERNING THE PROPERTY. Prospective bidders are responsible for conducting their own independent inspections, investigations, inquiries and due diligence concerning the property. The information contained in the marketing materials is provided in order to facilitate (and not as a substitute for) a prospective bidder's pre-auction due diligence. All marketing materials are subject to a prospective bidder's independent verification. Seller and Auction Company assume no liability for any inaccuracies, errors or omissions in such materials. All sketches and dimensions are approximate.

Changes

Please regularly check www.bonnetteauctions.com to review any changes and/or additional information.

THE PURCHASE CONTRACT DOCUMENTS WILL SUPERSEDE THE MARKETING MATERIALS AND ANY OTHER PRIOR STATEMENTS.