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    14970 Old Hammond Hwy Baton Rouge, LA 70816

    For Sale
    $349,900

    1.93 Acres, High Visibility, $349,900

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1.93-acre commercial land parcel presents a remarkable investment opportunity in Baton Rouge, Louisiana. Located at 14970 Old Hammond Highway, this property boasts over 338 feet of road frontage, ensuring high visibility for any business. The asking price is $349,900, translating to approximately $185,132 per acre. Situated in East Baton Rouge Parish, zip code 70816, the land enjoys a strategic location less than half a mile from Millerville Road, experiencing significant daily traffic exceeding 12,000 vehicles on Old Hammond Highway. Its proximity to the East Side Fire Department adds to its appeal. This property is ideal for a business owner or investor seeking a high-traffic location with excellent visibility and significant development potential. The land is classified as commercial and offers a list price per square foot of $4.25. This is a rare opportunity to acquire a well-positioned commercial lot in a thriving area of Baton Rouge. Serious inquiries are encouraged.

    Property Features for 14970 Old Hammond Hwy

    General Information

    Property type
    Land
    Lot Size
    84,071 SF

    HighLights

    • High‑visibility location.
    • Over 338 feet of street frontage.
    • Asking price: $4.25 per square foot.
    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
    -91.0194323
    Latitude
    30.4538105

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    FAQs

    What type of property is this?
    Land - 1.93 Acres, High Visibility, $349,900
    Where is this land located?
    The property is located at 14970 Old Hammond Hwy Baton Rouge, LA.
    What is the asking price?
    The asking price for this property is $349,900.
    What are key features of this property?
    This property features: High-visibility location.; Over 338 feet of street frontage.; Asking price: $4.25 per square foot.
    Request Owner's contact information
    14970 Old Hammond Hwy Baton Rouge, LA 70816
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    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
    14970 Old Hammond Hwy Baton Rouge, LA 70816
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