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    Rieger Rd Baton Rouge, LA 70809

    For Sale
    $7,900,000

    Prime 7.9-acre commercial lot, I-10 visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 7.9-acre commercial land parcel presents a remarkable investment opportunity in Baton Rouge, Louisiana. Strategically located on Rieger Road, this property boasts excellent visibility from Interstate 10, ensuring high traffic exposure for any commercial development. The convenient location offers easy access to Siegen Lane and Industriplex Boulevard, providing seamless connectivity to major transportation arteries. The property's proximity to numerous retailers, including Target, Total Wine, and Walmart, further enhances its desirability. Its close proximity to major healthcare providers adds to its appeal. The property is zoned C2, offering a wide range of development possibilities. The lot size is 7.9 acres, with an asking price of $7,900,000, translating to $1,000,000 per acre. The property's APN is 031-2037-6. This prime location in East Baton Rouge Parish, with its zip code 70809, presents a unique chance to capitalize on the thriving Baton Rouge commercial market. The coordinates are 30.3772217 latitude and -91.0572951 longitude. This offering is for sale and represents a significant opportunity for investors seeking high-impact commercial development in a dynamic and rapidly growing area.

    Property Features for 0 Rieger Rd

    General Information

    Property type
    Land
    Lot Size
    344,124 SF

    HighLights

    • 7.9‑acre commercial land parcel available for $7,900,000 ($1,000,000 per acre).
    • High visibility from I‑10.
    • Easy access to Siegen Lane and Industriplex Blvd.
    • Excellent location near major retailers (Target, Total Wine, Walmart) and healthcare providers.
    • C2 zoning.
    • APN: 031‑2037‑6.
    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?
    Land - Prime 7.9-acre commercial lot, I-10 visibility.
    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 $7,900,000.
    What are key features of this property?
    This property features: 7.9-acre commercial land parcel available for $7,900,000 ($1,000,000 per acre).; High visibility from I-10.; Easy access to Siegen Lane and Industriplex Blvd.
    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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