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    6631 Sullivan Rd Greenwell Springs, LA 70739

    For Sale
    $2,300,000

    Multi-tenant retail center with value-add potential in Central.

    Property size:
    36,740 SF

    Property Features for 6631 Sullivan Rd

    General Information

    Size
    36,740 SF

    Source: Dex Shill Agent Dex Shill

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Center in Central

    This 36,740 square foot multi-tenant retail shopping center is located in Central on 3.458 acres zoned B-2. The property offers ample parking and pylon signage. Situated near the intersection of Sullivan Road and Greenwell Springs, it is directly across from the Oak Point Fresh Market anchored retail center. The location provides excellent access to Greenwell Springs Road and Sullivan Road, with a traffic count of 27,364 vehicles per day on this section of Sullivan Road. The surrounding area features stable low-density residential development and light commercial strip retail development. The property is mostly unoccupied and presents a value-add opportunity for investors or companies seeking an owner-occupant position with passive income. Its location near major corridors in northeast East Baton Rouge Parish and the city of Central provides excellent access throughout the area.
    Location Intelligence

    Current Use by Public Records

    Shopping malls

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Northeast Plaza Shopping Center, Coin Cloud Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Greenwell Springs
    County
    East Baton Rouge
    State
    Louisiana
    Longitude
    -91.0304958
    Latitude
    30.5132551

    Nearby Similar for Sale

    • Contact for pricing

      Retail Strip Center For Sale

      Renovated strip center in Central, Louisiana, near major development.
      6647 Sullivan Rd, Greenwell Springs, LA 70739
      View Details

    FAQs

    What type of property is this?
    Shopping center - Multi-tenant retail center with value-add potential in Central.
    Where is this shopping center located?
    The property is located at 6631 Sullivan Rd Greenwell Springs, LA.
    What is the asking price?
    The asking price for this property is $2,300,000.
    What are key features of this property?
    This property features: - Value-add potential due to current vacancy.; - Located in the heart of Central, near the intersection of Sullivan and Greenwell Springs.; - High traffic count of 27,364 VPD on Sullivan Road.
    (225) 284-9092
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6631 Sullivan Rd Greenwell Springs, LA 70739
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