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    Rieger Rd Baton Rouge, LA 70809

    For Sale
    $8,494,200

    Prime Baton Rouge Land: Retail/Hospitality Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 6.5-acre parcel of land presents a remarkable investment opportunity in Baton Rouge, Louisiana. Located on Rieger Road, this property boasts 540 feet of frontage along I-10, ensuring unparalleled visibility and accessibility. The land is zoned for Agricultural and Industrial uses, and its strategic location near numerous hotels makes it ideally suited for retail or hospitality development. The asking price is $8,494,200, translating to $30 per square foot. The property's location in East Baton Rouge Parish, with a zip code of 70809, offers convenient access to major transportation routes and a thriving local economy. The property's APN is 1640750309. Given its size, high visibility, and versatile zoning, this land presents a unique chance to capitalize on the strong demand for commercial development in this rapidly growing area. The high traffic count on I-10 guarantees significant exposure for any future development. This is a rare opportunity to acquire a substantial tract of land with exceptional frontage in a prime location. Don't miss out on this chance to build your next successful venture.

    Property Features for 0 Rieger Rd

    General Information

    Property type
    Farms
    Lot Size
    283,140 SF

    HighLights

    • 6.5‑acre vacant land parcel on Rieger Road.
    • 540 feet of road frontage.
    • High visibility from I‑10.
    • Proximity to multiple hotels.
    • Ideal for retail or hospitality development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Baton Rouge
    County
    East Baton Rouge Parish
    State
    Louisiana
    Longitude
    -91.0572951
    Latitude
    30.3772217

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    FAQs

    What type of property is this?
    Farm - Prime Baton Rouge Land: Retail/Hospitality Potential
    Where is this farm located?
    The property is located at Rieger Rd Baton Rouge, LA.
    What is the asking price?
    The asking price for this property is $8,494,200.
    What are key features of this property?
    This property features: 6.5-acre vacant land parcel on Rieger Road.; 540 feet of road frontage.; High visibility from I-10.
    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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