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    11880 Greenwell Springs Rd Baton Rouge, LA 70814

    Sponsored
    For Sale
    $395,000

    Bank Building, 2675 SF, High Traffic

    Property size:
    2,675 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional retail property, located at 11880 Greenwell Springs Rd in Baton Rouge, Louisiana, presents a unique investment opportunity. The 2,675 square foot building sits on a 0.71-acre lot and boasts a highly desirable C2 zoning designation. Constructed in 1981, the single-story structure features a former bank branch layout, complete with four drive-thru lanes and a separate ATM. This presents a versatile space adaptable to various retail uses. The property benefits from its strategic location at a signalized intersection of Greenwell Springs Road and Monticello Boulevard, enjoying high visibility and accessibility. With an average daily traffic count of 19,300 vehicles on Greenwell Springs Road, this location ensures significant exposure to potential customers. The asking price is $395,000, translating to $147.66 per square foot. This property is a single-tenant building, offering a streamlined ownership experience. The address is 11880 Greenwell Springs Rd, Baton Rouge, LA 70814, within East Baton Rouge Parish. This is an excellent opportunity for investors seeking a well-positioned retail space in a high-traffic area.

    Property Features for 11880 Greenwell Springs Rd

    General Information

    Property type
    Individual retail properties
    Square Feet
    2,675 SF
    Lot Size
    30,928 SF

    Building Details

    Year Built
    1981
    Buildings
    1
    Stories
    1

    HighLights

    • 2,675 SF building
    • 0.71‑acre lot
    • High‑visibility corner lot at signalized intersection of Greenwell Springs Rd and Monticello Blvd
    • 19,300 AADT on Greenwell Springs Road
    • Former bank branch featuring four drive‑thru lanes and a separate ATM.
    Property Profile Location Intelligence

    Current Use by Public Records

    Regions Bank Bank ATM (Regions Bank) Atm Western Union Money Transfer Service Regions Mortgage Mortgage Lender

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing 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
    -91.0518103
    Latitude
    30.4963354

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    FAQs

    What type of property is this?
    Individual retail property - Bank Building, 2675 SF, High Traffic
    Where is this individual retail property located?
    The property is located at 11880 Greenwell Springs Rd Baton Rouge, LA.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: 2,675 SF building; 0.71-acre lot; High-visibility corner lot at signalized intersection of Greenwell Springs Rd and Monticello Blvd
    Request Owner's contact information
    11880 Greenwell Springs Rd Baton Rouge, LA 70814
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    Baton Rouge, LA 70814
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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
    11880 Greenwell Springs Rd Baton Rouge, LA 70814
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