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    1201 Millerville Rd Baton Rouge, LA 70816

    Sponsored
    For Sale
    $1,300,000

    Rare undeveloped land, I-12 proximity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3.67-acre parcel, located at 1201 Millerville Rd, Baton Rouge, LA 70816, presents a unique investment opportunity. Situated in East Baton Rouge Parish, this property boasts a substantial 160,052 square feet of land, currently zoned Rural. The asking price is $1,300,000, translating to a land value of $10.50 per square foot. Its strategic location offers convenient access, being less than a mile north of Interstate 12, a major transportation artery. Currently undergoing clearing, the site requires rezoning to suit the buyer's intended development. The property's APN is 020-1105-0. Given its size and location, this is one of the last remaining undeveloped parcels on Millerville Road, making it an ideal site for various development projects. The property's versatility allows for a range of potential uses, including residential, hospitality, multi-family, or office developments, subject to obtaining the necessary zoning approvals. This presents a rare chance to acquire a significant land holding in a rapidly developing area of Baton Rouge. Serious inquiries are encouraged.

    Property Features for 1201 Millerville Rd

    General Information

    Property type
    Multifamily properties

    HighLights

    • $1,300,000 asking price.
    • 3.67‑acre land parcel.
    • Located at 1201 Millerville Rd, Baton Rouge, LA 70816.
    • 160,052 square foot lot size.
    • $10.50 per square foot land value.
    • APN: 020‑1105‑0.
    Property Profile Location Intelligence

    Current Use by Public Records

    High-rise multifamily apartments

    Suggested Use

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

    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
    -91.0234035
    Latitude
    30.4497841

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    FAQs

    What type of property is this?
    Multifamily property - Rare undeveloped land, I-12 proximity.
    Where is this multifamily property located?
    The property is located at 1201 Millerville Rd Baton Rouge, LA.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: $1,300,000 asking price.; 3.67-acre land parcel.; Located at 1201 Millerville Rd, Baton Rouge, LA 70816.
    (225) 925-0600
    Request Owner's contact information
    1201 Millerville Rd Baton Rouge, LA 70816
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    Baton Rouge, LA 70816
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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
    1201 Millerville Rd Baton Rouge, LA 70816
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