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    Vacant Land Maribel Dr Baton Rouge, LA 70812

    For Sale
    $195,000

    Prime 10-acre development site near Airline Hwy.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 10.4-acre commercial land parcel presents a unique investment opportunity in Baton Rouge, Louisiana. Located in East Baton Rouge Parish, zip code 70812, this fee-simple property boasts a C-2 Commercial zoning designation, offering considerable flexibility for diverse development projects. The land is conveniently situated just one block from Airline Highway, providing excellent access and visibility. Its proximity to the new Amazon warehouse and Florida Boulevard further enhances its strategic location and potential for significant returns. The asking price is $195,000, translating to $18,750 per acre. This makes it an attractive proposition for developers considering multifamily housing, single-family residential construction, self-storage facilities, or office warehouse projects. The property's APN is 011-4271-2. Given its size, location, and zoning, this site is poised for substantial growth and presents a compelling investment opportunity in a thriving market. The property is ready for immediate purchase. Further details are available upon request.

    Property Features for 0 Vacant Land Maribel Dr

    General Information

    Property type
    Land
    Lot Size
    453,024 SF

    HighLights

    • Submarket 22
    • Single‑tenant occupancy
    • Asking price: $0.43 per square foot
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Baton Rouge
    County
    East Baton Rouge Parish
    State
    Louisiana
    Longitude
    -91.1125386
    Latitude
    30.4863365

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    FAQs

    What type of property is this?
    Land - Prime 10-acre development site near Airline Hwy.
    Where is this land located?
    The property is located at Vacant Land Maribel Dr Baton Rouge, LA.
    What is the asking price?
    The asking price for this property is $195,000.
    What are key features of this property?
    This property features: Submarket 22; Single-tenant occupancy; Asking price: $0.43 per square foot
    Request Owner's contact information
    Vacant Land Maribel Dr Baton Rouge, LA 70812
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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
    Vacant Land Maribel Dr Baton Rouge, LA 70812
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