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    22755 Greenwell Springs Rd Central, LA 70739

    Sponsored
    For Sale
    $350,000

    Prime 1.36-acre corner lot, high traffic.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.36-acre commercial land parcel presents a remarkable investment opportunity in Central, Louisiana. Strategically located on the corner of Greenwell Springs Road and Hooper Road, this property boasts significant frontage on both major thoroughfares: 171 feet along Greenwell Springs Road and 358 feet along Hooper Road. The high-traffic intersection provides unparalleled visibility and accessibility, making it ideal for a diverse range of commercial ventures. With a permitted C zoning classification, potential uses include medical offices, retail establishments, restaurants, or even a shopping center. The property's substantial size, combined with its prime location and versatile zoning, ensures a strong return on investment. The lot's APN is 017-9569-4. The asking price is $350,000. The property is situated in East Baton Rouge Parish, Louisiana, with a zip code of 70739. The location offers convenient access to major roadways and a thriving community. The high daily traffic count of 14,517 vehicles at the intersection further enhances the property's commercial potential. This is a rare opportunity to acquire a highly desirable commercial land parcel in a rapidly growing area.

    Property Features for 22755 Greenwell Springs Rd

    General Information

    Property type
    Land
    Lot Size
    59,242 SF

    HighLights

    • 1.36‑acre commercial land parcel for sale.
    • Corner lot at the intersection of Hooper Rd. and Greenwell Springs Rd.
    • 171 feet of frontage on Greenwell Springs Rd. and 358 feet on Hooper Rd.
    • 14,517 cars per day at the intersection.
    • Suitable for medical, retail, restaurant, or shopping center development.
    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 Parish
    State
    Louisiana
    Longitude
    -90.9927621
    Latitude
    30.5720233

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    FAQs

    What type of property is this?
    Land - Prime 1.36-acre corner lot, high traffic.
    Where is this land located?
    The property is located at 22755 Greenwell Springs Rd Central, LA.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: 1.36-acre commercial land parcel for sale.; Corner lot at the intersection of Hooper Rd. and Greenwell Springs Rd.; 171 feet of frontage on Greenwell Springs Rd. and 358 feet on Hooper Rd.
    Request Owner's contact information
    22755 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
    22755 Greenwell Springs Rd Central, LA 70739
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