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    1551 O'neal Ln Baton Rouge, LA 70816

    For Sale
    $870,000

    ±4 Acres, High Traffic, Baton Rouge

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This ±4.03-acre commercial and industrial land parcel presents a unique investment opportunity in Baton Rouge, Louisiana. Located at 1551 O'Neal Lane, this property boasts ±4,615.31 feet of frontage along O'Neal Lane, providing exceptional visibility to an estimated 29,923 vehicles daily. Its strategic location offers immediate access to I-12, ensuring convenient access for customers and employees. The site is zoned C2 – Heavy Commercial, allowing for a wide range of development options, including retail establishments. The surrounding area is a thriving retail and residential submarket, anchored by major brands such as Walmart, Aldi, AMC Theatres, Starbucks, Walgreens, McDonald's, and Ochsner Medical Center, creating a strong foundation for future development. The property's Assessed Parcel Number (APN) is 2462230. This prime location and favorable zoning make this an ideal site for a variety of commercial ventures. The asking price for this exceptional property is $870,000. The property is situated in East Baton Rouge Parish, Louisiana, with a zip code of 70816.

    Property Features for 1551 O'neal Ln

    General Information

    Property type
    Land
    Lot Size
    175,547 SF

    HighLights

    • 465.31 feet of O'Neal Lane frontage.
    • High visibility with approximately 29,923 vehicles passing daily.
    • Excellent location near Walmart, Aldi, Starbucks, McDonald's, and Ochsner.
    • C‑2 Heavy Commercial zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    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
    -91.007617825142
    Latitude
    30.446695502709

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    FAQs

    What type of property is this?
    Land - ±4 Acres, High Traffic, Baton Rouge
    Where is this land located?
    The property is located at 1551 O'neal Ln Baton Rouge, LA.
    What is the asking price?
    The asking price for this property is $870,000.
    What are key features of this property?
    This property features: 465.31 feet of O'Neal Lane frontage.; High visibility with approximately 29,923 vehicles passing daily.; Excellent location near Walmart, Aldi, Starbucks, McDonald's, and Ochsner.
    Request Owner's contact information
    1551 O'neal Ln 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
    1551 O'neal Ln Baton Rouge, LA 70816
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