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    Rieger Rd Baton Rouge, LA 70809

    For Sale
    $8,494,200

    6.5 Acres, I-10 Visibility, Retail/Hospitality Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 6.5-acre parcel of vacant land presents a remarkable investment opportunity in Baton Rouge, Louisiana. Strategically located on Rieger Road, the property boasts an impressive 540 feet of frontage, providing unparalleled visibility to the high-traffic Interstate 10. Its prime location offers easy access to major transportation arteries, ensuring convenient access for customers and employees. The surrounding area is characterized by a significant concentration of hotels, creating a vibrant and established commercial environment. This advantageous positioning makes the land exceptionally well-suited for a variety of commercial developments, particularly retail establishments or hospitality ventures. The expansive lot size allows for significant flexibility in design and development, accommodating large-scale projects. With its exceptional visibility, convenient location, and proximity to numerous hotels, this property represents a rare chance to acquire a highly desirable commercial site in a thriving Baton Rouge market. The asking price is $8,494,200. The property is situated in East Baton Rouge Parish, Louisiana, with a zip code of 70809. This is a truly unique opportunity to capitalize on the strong commercial growth in this area. The property's size and location make it an ideal candidate for a variety of uses, offering significant potential for long-term return on investment.

    Property Features for 0 Rieger Rd

    General Information

    Property type
    Land
    Lot Size
    283,140 SF

    HighLights

    • 6.5‑acre vacant land parcel available for development.
    • 540 feet of highway 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
    -91.0571085
    Latitude
    30.377102

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    FAQs

    What type of property is this?
    Land - 6.5 Acres, I-10 Visibility, Retail/Hospitality Potential
    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 $8,494,200.
    What are key features of this property?
    This property features: 6.5-acre vacant land parcel available for development.; 540 feet of highway frontage.; High visibility from I-10.
    Request Owner's contact information
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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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