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    14598 Florida Blvd Baton Rouge, LA 70819

    Sponsored
    For Sale
    $800,000

    Prime 15-acre commercial tract, Baton Rouge.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 15-acre commercial land parcel, situated at 14598 Florida Blvd in Baton Rouge, Louisiana (zip code 70819), presents a compelling investment opportunity. Priced at $800,000 ($53,333/acre), this property boasts 300 feet of frontage along Florida Blvd in the East Baton Rouge Parish's North submarket. Currently zoned Rural, it offers versatile development potential, ideally suited for residential lot development or an industrial site, potentially accommodating a laydown yard and office warehouse space. The property includes approximately 6 acres of cleared land and 17,000 square feet of existing structures. While the surrounding area features a mobile home park and residential neighborhood, supporting residential development, prospective buyers should note the presence of a drainage canal at the rear, requiring careful consideration for setbacks, access, and detention ponds in any development plan. Furthermore, the property lies within Flood Zone AE, mandating substantial improvements to meet Base Flood Elevation requirements. This factor is crucial for any development proposal. This property is located in the Baton Rouge MSA.

    Property Features for 14598 Florida Blvd

    General Information

    Property type
    Land
    Lot Size
    653,400 SF

    HighLights

    • Baton Rouge MSA market.
    • East Baton Rouge North submarket.
    Property Profile Location Intelligence

    Current Use by Public Records

    Baton Rouge Scottish ... Masonic Center

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Baton Rouge
    County
    East Baton Rouge Parish
    State
    Louisiana
    Longitude
    -91.0229166
    Latitude
    30.4632068

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    FAQs

    What type of property is this?
    Land - Prime 15-acre commercial tract, Baton Rouge.
    Where is this land located?
    The property is located at 14598 Florida Blvd Baton Rouge, LA.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: Baton Rouge MSA market.; East Baton Rouge North submarket.;
    Request Owner's contact information
    14598 Florida Blvd Baton Rouge, LA 70819
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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
    14598 Florida Blvd Baton Rouge, LA 70819
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