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    14123 Greenwell Springs Rd Central, LA 70739

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    For Sale
    Contact for pricing

    4.49 Acres, High-Traffic Location

    Property size:
    195,678 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4.492-acre property, located at 14123 Greenwell Springs Road in Central, Louisiana, presents a compelling redevelopment opportunity. Currently vacant and zoned Rural/Agricultural (R/A) with a Corridor Overlay District along the road frontage, this site offers significant potential for commercial development. The property boasts 310.18 feet of frontage on Greenwell Springs Road, ensuring high visibility and accessibility. Situated less than half a mile southwest of the intersection of Central Throughway and Greenwell Springs Road, it benefits from proximity to numerous national retailers, including Oak Point Fresh Market, Sherwin-Williams, Walgreens, Chase Bank, Sonic, Waffle House, Burger King, and Snap Fitness. The land is comprised of two contiguous lots ('E' and 'F') and features a recorded boundary survey. The property's location within Flood Zones X and AE should be considered during the planning process. The land value is priced at $8.50 per square foot, totaling 195,678 square feet. A rezoning will be required for commercial development. This prime location and substantial acreage make this an ideal investment for value-add or redevelopment projects.

    Property Features for 14123 Greenwell Springs Rd

    General Information

    Property type
    Lifestyle centers
    Square Feet
    195,678 SF

    HighLights

    • 4.492‑acre site with recorded boundary survey.
    • 310.18 feet of frontage on Greenwell Springs Road.
    • Located in Flood Zones X and AE.
    • Zoned R/A (Rural/Agricultural) with Corridor Overlay; rezoning required for commercial use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    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
    -91.0310508
    Latitude
    30.5104026

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    FAQs

    What type of property is this?
    Lifestyle center - 4.49 Acres, High-Traffic Location
    Where is this lifestyle center located?
    The property is located at 14123 Greenwell Springs Rd Central, LA.
    What are key features of this property?
    This property features: 4.492-acre site with recorded boundary survey.; 310.18 feet of frontage on Greenwell Springs Road.; Located in Flood Zones X and AE.
    Request Owner's contact information
    14123 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
    14123 Greenwell Springs Rd Central, LA 70739
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