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    15222 Perkins Rd Baton Rouge, LA 70810

    For Sale
    $1,050,300

    2.334 Acres, Rural Zoning, High Growth Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 2.334-acre parcel sits at the highly visible corner of Perkins Road and Pecue Lane in Baton Rouge, Louisiana, offering unparalleled development potential. Currently zoned Rural (residential), this property presents a unique opportunity for savvy investors to capitalize on the area's burgeoning growth. Priced at $1,050,300 ($450,000/acre), this represents a compelling value proposition, especially considering the strategic location and future infrastructure improvements. The soon-to-be-completed Pecue Lane/I-10 Interchange ensures convenient access for both local and regional customers, minimizing logistical challenges and maximizing visibility. The property benefits from a signalized intersection, providing optimal ingress and egress for any future development. The surrounding area boasts a growing population, including a significant number of high-income residents, making it attractive for a variety of residential or commercial projects. Future plans include widening Perkins Road from Siegen Lane to Highland Road, further enhancing accessibility and value. This prime location, coupled with the ongoing development and positive economic outlook of the area, makes this a truly exceptional investment opportunity. The property's current zoning allows for the possibility of "warehousing" the land until optimal rezoning opportunities arise. This 70810 address offers a strategic advantage for businesses and residents alike.

    Property Features for 15222 Perkins Rd

    General Information

    Property type
    Land
    Lot Size
    101,669 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Hotel & Motel

    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
    -91.0523557
    Latitude
    30.3602068

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    FAQs

    What type of property is this?
    Land - 2.334 Acres, Rural Zoning, High Growth Area
    Where is this land located?
    The property is located at 15222 Perkins Rd Baton Rouge, LA.
    What is the asking price?
    The asking price for this property is $1,050,300.
    Request Owner's contact information
    15222 Perkins Rd Baton Rouge, LA 70810
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    Baton Rouge, LA 70810
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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
    15222 Perkins Rd Baton Rouge, LA 70810
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