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    915 Hospital Rd New Roads, LA 70760

    Sponsored
    For Sale
    Contact for pricing

    Half-acre lot, high-traffic location, C-3 zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.5-acre commercial land parcel presents a unique development opportunity in New Roads, Louisiana, situated within the Baton Rouge MSA. Boasting a highly desirable C-3 (Highway Commercial) zoning designation, this property offers unparalleled flexibility for a wide range of commercial ventures. Its strategic location provides excellent visibility and accessibility, being directly adjacent to a Sonic Drive-in and just one block from a Walmart Supercenter. The site benefits from proximity to other established retailers, including fast-food restaurants, Hibbett Sports, and a Family Dollar, ensuring high foot traffic and consumer visibility. Furthermore, its location is within half a mile of Pointe Coupee General Hospital and residential areas along the False River, providing a strong customer base and convenient access for employees and patrons. This prime location, combined with its versatile zoning and high-traffic exposure, makes this property an ideal investment for developers seeking a thriving commercial location in a rapidly growing area. The property's size and zoning make it suitable for a variety of commercial uses, offering significant potential for return on investment. Don't miss this chance to secure a highly visible and strategically located commercial development site in the heart of New Roads.

    Property Features for 915 Hospital Rd

    General Information

    Property type
    Land
    Lot Size
    21,780 SF

    HighLights

    • Excellent visibility from a high‑traffic location.
    • C‑3 (Highway Commercial) zoning permits diverse commercial uses.
    • Strategically located 0.5‑acre site in New Roads, within the Baton Rouge MSA.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sonic Drive-In Fast Food Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    New Roads
    County
    Pointe Coupee Parish
    State
    Louisiana
    Longitude
    -91.46851821
    Latitude
    30.68950321

    Nearby Comparable

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    Nearby Similar for Sale

    • $160,000
      1,675 SF

      Established Restaurant in New Roads

      Family-owned restaurant with equipment included, operating since 1962.
      623 W Main St, New Roads, LA 70760
      View Details
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      Prime Medical Office in New Roads, LA

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      View Details

    FAQs

    What type of property is this?
    Land - Half-acre lot, high-traffic location, C-3 zoning.
    Where is this land located?
    The property is located at 915 Hospital Rd New Roads, LA.
    What are key features of this property?
    This property features: Excellent visibility from a high-traffic location.; C-3 (Highway Commercial) zoning permits diverse commercial uses.; Strategically located 0.5-acre site in New Roads, within the Baton Rouge MSA.
    (504) 581-5005
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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
    915 Hospital Rd New Roads, LA 70760
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