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    3837 Plaza Tower Dr Baton Rouge, LA 70816

    For Sale
    $750,000

    Build-ready commercial lots, HC1 zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 0.803-acre commercial land parcel, located at 3837 Plaza Tower Drive in Baton Rouge, Louisiana, presents a unique investment opportunity. Priced at $750,000, this property boasts a land value of $21.44 per square foot. Situated within the Lake Sherwood Commercial Complex, this build-ready site comprises two combined lots (Lots 24 and 25), totaling 35,000 square feet. The property features convenient access to major thoroughfares and benefits from HC1 zoning, allowing for a wide range of permitted commercial uses. With approximate dimensions of 181.70 feet by 215 feet, the cleared and level lots are ready for immediate development. The property is located in the Sherwood-Coursey submarket of East Baton Rouge Parish, zip code 70816. This prime location offers excellent visibility and accessibility, making it an ideal site for various commercial ventures. Don't miss this chance to acquire a highly desirable commercial property in a thriving Baton Rouge market.

    Property Features for 3837 Plaza Tower Dr

    General Information

    Property type
    Land
    Lot Size
    34,979 SF

    HighLights

    • Sherwood‑Coursey submarket location.
    • HC‑1 zoning, offering diverse permitted uses.
    • Excellent access to major thoroughfares.
    • Cleared and ready‑to‑build site.
    • 181.70' x 215' lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Premier Psychiatric Services, ... Mental Health Clinic Dr. Pamela J. ... Psychiatrist Vision Real Estate ... Real Estate Agency Musemeche Photography Photographer Tiffany Guitreau Social Worker

    Suggested Use

    Restaurant Law Firm Realty agency Dental Office Spa & Massage Hair Salon Clothing Store Nail Salon Food Market Grocery 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
    -91.0504026
    Latitude
    30.4182127

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    FAQs

    What type of property is this?
    Land - Build-ready commercial lots, HC1 zoning.
    Where is this land located?
    The property is located at 3837 Plaza Tower Dr Baton Rouge, LA.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: Sherwood-Coursey submarket location.; HC-1 zoning, offering diverse permitted uses.; Excellent access to major thoroughfares.
    Request Owner's contact information
    3837 Plaza Tower Dr 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
    3837 Plaza Tower Dr Baton Rouge, LA 70816
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