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    Rieger Rd Baton Rouge, LA 70809

    Sponsored
    For Sale
    $3,600,000

    High-visibility 3-acre commercial lot, I-10 frontage.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 3-acre commercial land parcel presents a remarkable investment opportunity in Baton Rouge, Louisiana. Strategically located on N Rieger Rd, this property boasts unparalleled visibility to the high-traffic Interstate 10 corridor, averaging over 106,000 vehicles daily. The lot is ideally situated just two blocks from both the I-10/Pecue Lane and I-10/Siegen Lane interchanges, providing quick and easy access to all of Baton Rouge and its surrounding areas. The property itself is already surveyed, recorded, cleared, and level, sitting above street grade and appearing well-drained. It features a substantial 275-foot frontage on the two-lane Rieger Road service road to I-10 and extends 484 feet deep. The HC2 (Heavy Commercial) zoning allows for a wide range of development possibilities. Utilities are readily accessible, with a sanitary sewer main and manhole at the rear property line and Baton Rouge Water Company water main along the front. A small area at the southwest corner is subject to a perpetual servitude for a Lamar billboard. The property's prime location is further enhanced by its adjacency to WESCO and its proximity to Top Golf, ensuring high visibility and potential for synergistic business opportunities. The asking price is $3,600,000, translating to $27.55 per square foot. Additional adjacent land may be available for expansion. This is a rare opportunity to acquire a highly visible, well-situated commercial property with significant development potential.

    Property Features for 0 Rieger Rd

    General Information

    Property type
    Land
    Lot Size
    130,680 SF

    HighLights

    • Excellent access to Baton Rouge via I‑10 interchanges at Pecue Lane and Siegen Lane.
    • High visibility location on I‑10's east side, across from Topgolf and adjacent to WESCO.
    • 3‑acre parcel; surveyed, recorded, cleared, level, and well‑drained.
    • 275‑foot frontage on Rieger Road (I‑10 service road) by 484 feet deep.
    • High visibility with over 106,000 vehicles daily on I‑10.
    • Water and sewer readily available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Baton Rouge
    County
    East Baton Rouge Parish
    State
    Louisiana
    Longitude
    -91.069758
    Latitude
    30.3866954

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    FAQs

    What type of property is this?
    Land - High-visibility 3-acre commercial lot, I-10 frontage.
    Where is this land located?
    The property is located at Rieger Rd Baton Rouge, LA.
    What is the asking price?
    The asking price for this property is $3,600,000.
    What are key features of this property?
    This property features: Excellent access to Baton Rouge via I-10 interchanges at Pecue Lane and Siegen Lane.; High visibility location on I-10's east side, across from Topgolf and adjacent to WESCO.; 3-acre parcel; surveyed, recorded, cleared, level, and well-drained.
    (318) 681-1051
    Request Owner's contact information
    Rieger Rd Baton Rouge, LA 70809
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    Baton Rouge, LA 70809
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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
    Rieger Rd Baton Rouge, LA 70809
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