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    Reiger Rd Baton Rouge, LA 70809

    Sponsored
    For Sale
    $7,900,000

    Prime Commercial Development Land, I-10 Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 7.9-acre parcel presents a unique investment opportunity in Baton Rouge, Louisiana. Located on Reiger Rd, with APN 031-2037-6, this property boasts excellent visibility from I-10, providing unparalleled exposure for any commercial venture. Its strategic location offers easy access to Siegen Lane and Industriplex Blvd, ensuring convenient transportation and logistics. The property is zoned C2, allowing for a wide range of commercial and industrial uses. The asking price is $7,900,000, translating to $1,000,000 per acre. Its proximity to major retailers such as Target, Total Wine, and Walmart, coupled with its closeness to significant healthcare providers, makes this land highly desirable. The property's versatility, combined with its prime location and convenient access to major thoroughfares, makes it an ideal site for a variety of development projects. This is a rare opportunity to acquire a substantial land holding in a thriving area of Baton Rouge, offering significant potential for future growth and return on investment. The 7.9 acres provide ample space for a large-scale development, catering to the needs of a diverse range of businesses. Don't miss this chance to secure a piece of Baton Rouge's vibrant commercial landscape. The zip code is 70809, and the property is situated in East Baton Rouge Parish.

    Property Features for 0 Reiger Rd

    General Information

    Property type
    Land
    Lot Size
    344,124 SF

    HighLights

    • 7.90‑acre land parcel
    • C2 zoning
    • $7,900,000 asking price
    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 - Prime Commercial Development Land, I-10 Visibility
    Where is this land located?
    The property is located at Reiger Rd Baton Rouge, LA.
    What is the asking price?
    The asking price for this property is $7,900,000.
    What are key features of this property?
    This property features: 7.90-acre land parcel; C2 zoning; $7,900,000 asking price
    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
    Reiger Rd Baton Rouge, LA 70809
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