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    4902 Airline Hwy Baton Rouge, LA 70805

    Sponsored
    For Sale
    $1,900,000

    3.5-Acre Redevelopment Opportunity in Baton Rouge

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3.5-acre commercial land parcel presents a prime redevelopment opportunity in Baton Rouge, Louisiana. Located at 4902 Airline Hwy, this property enjoys a highly visible corner location at the intersection of Airline Hwy and North Foster Dr., boasting 1,007 feet of frontage and a depth of 796.5 feet. The existing structures are slated for demolition, making this a blank canvas for a variety of commercial ventures. With a C2 (Heavy Commercial) zoning designation, permitted uses are extensive and could include multifamily housing, retail centers, or gas stations. The site benefits from exceptional accessibility, providing easy access to I-110, the Baton Rouge Metropolitan Airport, and other key areas of north Baton Rouge. The property's high traffic count of 43,837 vehicles daily underscores its significant commercial potential. The asking price is $1,900,000, translating to a land value of $12.46 per square foot. The APN is 469521. Importantly, this property is located in Flood Zone X. This presents a rare chance to acquire a substantial tract of land in a high-traffic area, ready for immediate redevelopment. Don't miss this chance to capitalize on the potential of this strategically located property.

    Property Features for 4902 Airline Hwy

    General Information

    Property type
    Land
    Lot Size
    152,460 SF

    HighLights

    • $1,900,000 asking price for 3.5 acres of commercial land.
    • C2 (Heavy Commercial) zoning allows for a variety of uses.
    • Located at 4902 Airline Hwy, Baton Rouge, LA 70805, on a hard corner with high visibility.
    • Existing structures to be demolished; redevelopment opportunity.
    • Flood Zone X.
    Property Profile Location Intelligence

    Current Use by Public Records

    Vel Rose Motel Motel

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    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
    -91.1409807
    Latitude
    30.5082092

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    FAQs

    What type of property is this?
    Land - 3.5-Acre Redevelopment Opportunity in Baton Rouge
    Where is this land located?
    The property is located at 4902 Airline Hwy Baton Rouge, LA.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: $1,900,000 asking price for 3.5 acres of commercial land.; C2 (Heavy Commercial) zoning allows for a variety of uses.; Located at 4902 Airline Hwy, Baton Rouge, LA 70805, on a hard corner with high visibility.
    (225) 931-0943
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    4902 Airline Hwy Baton Rouge, LA 70805
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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
    4902 Airline Hwy Baton Rouge, LA 70805
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