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    7980 Hooper Rd Baton Rouge, LA 70811

    Sponsored
    For Sale
    $149,000

    Baton Rouge, LA: Dollar General Adjacent

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.7-acre commercial land parcel presents a unique investment opportunity in Baton Rouge, Louisiana. Strategically located at 7980 Hooper Road, this property boasts 168 feet of road frontage, providing excellent visibility and accessibility. Its prime location is directly adjacent to a newly constructed Dollar General store, offering significant synergy and potential for complementary businesses. A cross-access agreement and a recorded reciprocal easement agreement (REA) are in place with Dollar General, enhancing the property's value and operational flexibility. The property is zoned X and AE, indicating its suitability for various commercial developments. While the listed price per acre is $0, the actual sale price is $149,000, translating to approximately $1.25 per square foot. This represents a compelling opportunity for developers and investors seeking a well-situated parcel with established infrastructure and convenient access to a major retailer. The property's location in East Baton Rouge Parish, zip code 70811, offers easy access to major transportation routes and a thriving local economy. This is a rare chance to acquire a highly desirable commercial lot in a rapidly growing area. Serious inquiries are encouraged.

    Property Features for 7980 Hooper Rd

    General Information

    Property type
    Land
    Lot Size
    117,612 SF

    HighLights

    • 2.7‑acre commercial lot adjacent to a new Dollar General in Baton Rouge, LA.
    • Cross‑access and reciprocal easement agreements (REA) with Dollar General.
    • 168 feet of road frontage on Hooper Road.
    • Located in flood zones X and AE.
    • Priced at $149,000, or approximately $1.25 per square foot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Kitchen & Bath Food Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Baton Rouge
    County
    East Baton Rouge Parish
    State
    Louisiana
    Longitude
    -91.1082192
    Latitude
    30.5291709

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    FAQs

    What type of property is this?
    Land - Baton Rouge, LA: Dollar General Adjacent
    Where is this land located?
    The property is located at 7980 Hooper Rd Baton Rouge, LA.
    What is the asking price?
    The asking price for this property is $149,000.
    What are key features of this property?
    This property features: 2.7-acre commercial lot adjacent to a new Dollar General in Baton Rouge, LA.; Cross-access and reciprocal easement agreements (REA) with Dollar General.; 168 feet of road frontage on Hooper Road.
    Request Owner's contact information
    7980 Hooper Rd Baton Rouge, LA 70811
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    Baton Rouge, LA 70811
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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
    7980 Hooper Rd Baton Rouge, LA 70811
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