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    Sullivan Rd Baton Rouge, LA 70818

    For Sale
    $622,500

    Restaurant Land, Retail Investment Opportunity

    Property size:
    6,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional investment opportunity presents several prime commercial land parcels in Baton Rouge, Louisiana's thriving Shoe Creek development. Located on Sullivan Road, near the intersection of Sullivan and Wax Roads in Central, LA, zip code 70818, these parcels offer a unique blend of land and retail potential. The available land ranges from 0.5 to 4 acres, with square footage options between 6,000 and 8,300 square feet. The land is zoned TND (Traditional Neighborhood Development) and is priced at $75 to $90 per square foot. Each parcel is designed for a "shovel-ready" construction experience, with significant infrastructure already in place. This includes completed site work, drainage, utilities, landscaping, and lighting for office pads. The hard corner retail pad will include drainage and utilities. The surrounding area boasts a strong existing commercial presence, including national tenants such as Aldi, Five Guys, Sport Clips, Great American Cookies, and CC's Coffee House. This is part of a larger development that includes 250 multi-family units, 479 home sites, and 100 assisted living units, ensuring a robust and growing customer base. The property is offered as an owner/user opportunity with a NNN lease type. The asking price for the entire offering is $622,500. The APN is 017-5731-8. This is an ideal location for a restaurant or other retail establishment seeking high visibility and a thriving community.

    Property Features for 0 Sullivan Rd

    General Information

    Property type
    Restaurants
    Square Feet
    6,000 SF
    Lot Size
    21,780 SF

    HighLights

    • $622,500 asking price for land and retail property.
    • 6,000 - 8,300 square feet, restaurant‑focused, free‑standing building, mixed‑use options available.
    • Owner/user investment opportunity with NNN lease type.
    • 0.5 - 4 acre lot size in Baton Rouge, LA, APN 017‑5731‑8, zoned TND.
    • Land value: $75 - $90 per square foot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Baton Rouge
    County
    East Baton Rouge
    State
    Louisiana
    Longitude
    -91.0284331
    Latitude
    30.5397465

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    FAQs

    What type of property is this?
    Restaurant - Restaurant Land, Retail Investment Opportunity
    Where is this restaurant located?
    The property is located at Sullivan Rd Baton Rouge, LA.
    What is the asking price?
    The asking price for this property is $622,500.
    What are key features of this property?
    This property features: $622,500 asking price for land and retail property.; 6,000 - 8,300 square feet, restaurant-focused, free-standing building, mixed-use options available.; Owner/user investment opportunity with NNN lease type.
    Request Owner's contact information
    Sullivan Rd Baton Rouge, LA 70818
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    Baton Rouge, LA 70818
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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
    Sullivan Rd Baton Rouge, LA 70818
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