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    17122 Greenwell Springs Rd Central, LA 70739

    Sponsored
    For Sale
    $450,000

    High-visibility retail building, 2,538 sq ft.

    Property size:
    2,538 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail property, located at 17122 Greenwell Springs Rd, Central, LA 70739, presents a compelling investment opportunity. The 2,538 square foot building sits on a highly visible 0.52-acre corner lot at the signalized intersection of Greenwell Springs Road and Morgan Road in East Baton Rouge County. The asking price is $450,000, translating to a price per square foot of $177.30. This prime location offers excellent visibility and accessibility for any retail business. The property benefits from a deed restriction prohibiting the operation of a convenience store, ensuring a diverse range of potential tenants. The substantial lot size provides ample space for expansion or additional development, further enhancing its investment potential. This property is ideal for entrepreneurs seeking a well-positioned retail space with significant growth opportunities. The strategic location and unique characteristics make this a truly remarkable opportunity in the thriving Central, Louisiana market. The property is zoned for retail use.

    Property Features for 17122 Greenwell Springs Rd

    General Information

    Property type
    Retail properties
    Square Feet
    2,538 SF
    Lot Size
    22,651 SF

    HighLights

    • 0.516‑acre signalized corner lot available.
    • Greenwell Springs Road and Morgan Road intersection.
    • 2,538 square‑foot building.
    • High visibility location.
    • No convenience stores permitted per deed restrictions.
    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
    Central
    County
    East Baton Rouge
    State
    Louisiana
    Longitude
    -90.9982856
    Latitude
    30.5181114

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    FAQs

    What type of property is this?
    Retail property - High-visibility retail building, 2,538 sq ft.
    Where is this retail property located?
    The property is located at 17122 Greenwell Springs Rd Central, LA.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: 0.516-acre signalized corner lot available.; Greenwell Springs Road and Morgan Road intersection.; 2,538 square-foot building.
    (225) 413-6162
    Request Owner's contact information
    17122 Greenwell Springs Rd Central, LA 70739
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    Central, LA 70739
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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
    17122 Greenwell Springs Rd Central, LA 70739
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