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    Sugar Plantation Pkwy Addis, LA 70710

    For Sale
    $190,056

    0.55-acre commercial lot, ideal for office development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 0.55-acre commercial land parcel, located at 70710 Sugar Plantation Pkwy, Addis, LA (APN 014700050200), presents a unique investment opportunity. Situated at the forefront of the rapidly expanding Sugar Mill Plantation development, this lot is specifically designated for office park development, making it perfectly suited for constructing a new office building. The area boasts over 1000 homes and apartment units, with ongoing construction adding to this already substantial residential population. This ensures a strong potential client base for any professional services business. An existing office building is directly across the street, further validating the area's suitability for office development. The site's strategic location offers easy access to a variety of amenities, including a YMCA, a storage center, Kidz Karousel daycare, and Benedetto's Market, all within the Sugar Mill Plantation subdivision. This prime location, combined with the area's affluent demographics and ongoing growth, makes this 0.55-acre lot an exceptional investment opportunity for businesses seeking to establish a presence in a thriving community. The asking price for this property is $190,056.

    Property Features for 0 Sugar Plantation Pkwy

    General Information

    Property type
    Land
    Lot Size
    23,958 SF

    HighLights

    • 0.55‑acre commercial lot in the Sugar Mill Plantation development, Addis, LA.
    • Zoned for office park development; one existing office building already constructed on the street.
    • Over 1,000 existing homes and apartments, with ongoing residential growth.
    • Excellent proximity to amenities including a YMCA and Benedetto's Market.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Addis
    County
    West Baton Rouge Parish
    State
    Louisiana
    Longitude
    -91.258502553379
    Latitude
    30.373998583391

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - 0.55-acre commercial lot, ideal for office development.
    Where is this land located?
    The property is located at Sugar Plantation Pkwy Addis, LA.
    What is the asking price?
    The asking price for this property is $190,056.
    What are key features of this property?
    This property features: 0.55-acre commercial lot in the Sugar Mill Plantation development, Addis, LA.; Zoned for office park development; one existing office building already constructed on the street.; Over 1,000 existing homes and apartments, with ongoing residential growth.
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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
    Sugar Plantation Pkwy Addis, LA 70710
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