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    Gardere Ln & Innovation Park Dr Baton Rouge, LA 70820

    For Sale
    $830,000

    3.89 Acres, C1 Zoning, $830,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 3.89-acre commercial land parcel presents a unique investment opportunity in Baton Rouge, Louisiana. Situated at the southwest corner of Gardere Lane and Innovation Park Drive, this property boasts a highly desirable C1 (Light Commercial) zoning designation, opening doors to a wide array of development possibilities. The lot's expansive size offers ample space for various commercial ventures, from retail establishments and office buildings to light industrial uses. With a total asking price of $830,000, the land is priced at $213,367 per acre, reflecting its strategic location and development potential within the thriving East Baton Rouge Parish market. The property's location at a prominent corner provides excellent visibility and accessibility, ensuring high traffic exposure for any future development. The parcel is identified by APN 1495747. It's important to note that this property is located in Flood Zone X. Prospective buyers are encouraged to conduct their own due diligence and verify all information with the appropriate authorities before making a purchase decision. This prime commercial land offers a compelling investment opportunity for those seeking a strategic foothold in a dynamic and growing market. Don't miss this chance to acquire a significant piece of Baton Rouge's commercial landscape.

    Property Features for 0 Gardere Ln & Innovation Park Dr

    General Information

    Property type
    Land
    Lot Size
    169,448 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Baton Rouge
    County
    East Baton Rouge Parish
    State
    Louisiana
    Longitude
    -91.1270462
    Latitude
    30.3553083

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    FAQs

    What type of property is this?
    Land - 3.89 Acres, C1 Zoning, $830,000
    Where is this land located?
    The property is located at Gardere Ln & Innovation Park Dr Baton Rouge, LA.
    What is the asking price?
    The asking price for this property is $830,000.
    (225) 333-9807
    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
    Gardere Ln & Innovation Park Dr Baton Rouge, LA 70820
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