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    St Ferdinand St At Myrtle St Baton Rouge, LA 70802

    For Sale
    $600,000

    Prime 1.11-acre lot, Downtown proximity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 1.11-acre commercial lot presents a unique investment opportunity in Baton Rouge, Louisiana. Located at the corner of Myrtle Street and St. Ferdinand Street (where St. Ferdinand Street transitions into Highland Road), this property boasts unparalleled visibility, situated adjacent to Interstate 10 immediately after the Mississippi River Bridge. Daily traffic counts exceed 117,048 vehicles crossing the bridge, ensuring significant exposure for any development. The lot offers substantial frontage, approximately 231 feet on St. Ferdinand Street and 120 feet on Myrtle Street, totaling approximately 351 feet. Zoned LC2 (Light Commercial Two), this parcel is ideally positioned between the central business district (CBD), the expanding Water Campus, and Louisiana State University (approximately 1.1 miles south). The property's Assessed Parcel Number (APN) is 16152, and its location is in East Baton Rouge Parish, zip code 70802. The asking price for this build-ready site is $600,000. This is a rare chance to acquire a high-visibility commercial lot in a rapidly developing area of Baton Rouge. The property's strategic location and zoning make it suitable for a variety of commercial uses.

    Property Features for 0 St Ferdinand St At Myrtle St

    General Information

    Property type
    Land
    Lot Size
    48,352 SF

    HighLights

    • High‑visibility location at I‑10 and Mississippi River Bridge.
    • 351 feet of frontage.
    • High traffic count of approximately 117,048 vehicles daily.
    • Light Commercial Two (LC2) zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Baton Rouge
    County
    East Baton Rouge Parish
    State
    Louisiana
    Longitude
    -91.186293342804
    Latitude
    30.438043576974

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    FAQs

    What type of property is this?
    Land - Prime 1.11-acre lot, Downtown proximity.
    Where is this land located?
    The property is located at St Ferdinand St At Myrtle St Baton Rouge, LA.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: High-visibility location at I-10 and Mississippi River Bridge.; 351 feet of frontage.; High traffic count of approximately 117,048 vehicles daily.
    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
    St Ferdinand St At Myrtle St Baton Rouge, LA 70802
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