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    6959 Commerce Cir Baton Rouge, LA 70809

    For Sale
    $1,025,000

    Prime 1.119-acre lot, Towne Center, $1.025M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1.119-acre commercial land parcel, located at 6959 Commerce Circle in Baton Rouge, Louisiana, presents a unique investment opportunity. Priced at $1,025,000, or $21 per square foot, this property boasts a prime location within the thriving Towne Center Business Park. Adjacent to Louisiana Farm Bureau's recently completed $21 million office building, this lot offers unparalleled visibility and access to a dynamic business community. The property is zoned PUD (Planned Unit Development), providing flexibility for a variety of commercial uses. Situated in East Baton Rouge Parish, zip code 70809, the lot benefits from existing utilities, simplifying development. Importantly, this is the only remaining vacant lot within the Towne Center Business Park, making it a truly exclusive offering. The property is not located in a flood zone. This exceptional location, coupled with its strategic positioning and zoning flexibility, makes this a compelling investment for developers and businesses seeking a prominent presence in Baton Rouge's commercial sector. The convenient access to major roadways and the vibrant business environment of Towne Center ensure high visibility and accessibility for any future development. Don't miss this rare opportunity to secure a prime piece of commercial real estate in a rapidly growing area.

    Property Features for 6959 Commerce Cir

    General Information

    Property type
    Land
    Lot Size
    48,744 SF

    HighLights

    • PUD zoning allows for a variety of development options.
    • Property is located outside of the flood zone.
    • This is the last available lot in the desirable town center business park.
    • Land price is $21 per square foot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    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
    -91.1196878
    Latitude
    30.4302176

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    FAQs

    What type of property is this?
    Land - Prime 1.119-acre lot, Towne Center, $1.025M
    Where is this land located?
    The property is located at 6959 Commerce Cir Baton Rouge, LA.
    What is the asking price?
    The asking price for this property is $1,025,000.
    What are key features of this property?
    This property features: PUD zoning allows for a variety of development options.; Property is located outside of the flood zone.; This is the last available lot in the desirable town center business park.
    Request Owner's contact information
    6959 Commerce Cir 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
    6959 Commerce Cir Baton Rouge, LA 70809
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