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    3911 New Prosperity Ln Addis, LA 70710

    Sponsored
    For Sale
    $79,500

    Prime Addis Office Land, 23,295 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial land parcel, identified as Lot 180 Sugar Mill, presents a unique investment opportunity in the thriving Addis, Louisiana market. Spanning 23,295 square feet, this vacant lot is ideally suited for office development. The property's location offers excellent accessibility and visibility, making it an attractive site for businesses seeking a strategic presence in West Baton Rouge Parish. The asking price has been reduced to $79,500, representing a compelling value proposition for prospective buyers. The lot's size provides ample space for a variety of office building designs, catering to diverse business needs. With its convenient location and competitive price, this property is poised for rapid development and strong return on investment. The property's APN is 014700050400, and its address is 3911 New Prosperity Ln, Addis, LA 70710. This is a rare opportunity to acquire a substantial commercial land parcel in a desirable Louisiana location. Serious inquiries are encouraged to explore this promising investment prospect further. The property is ready for immediate development, offering a streamlined path to realizing your business goals.

    Property Features for 3911 New Prosperity Ln

    General Information

    Property type
    Land

    HighLights

    • $79,500 asking price.
    • 23,295 square foot commercial land lot.
    • Located at 3911 New Prosperity Ln, Addis, LA 70710 (APN: 014700050400).
    • Ideal for office development.
    • Reduced price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Hair Salon Food Market Wholesale Shop Cafe & Coffee Shop Barber Shop Auto Repair Shop Fish Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Addis
    County
    West Baton Rouge Parish
    State
    Louisiana
    Longitude
    -91.25979204
    Latitude
    30.3742867

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    FAQs

    What type of property is this?
    Land - Prime Addis Office Land, 23,295 SF
    Where is this land located?
    The property is located at 3911 New Prosperity Ln Addis, LA.
    What is the asking price?
    The asking price for this property is $79,500.
    What are key features of this property?
    This property features: $79,500 asking price.; 23,295 square foot commercial land lot.; Located at 3911 New Prosperity Ln, Addis, LA 70710 (APN: 014700050400).
    (225) 413-6162
    Request Owner's contact information
    3911 New Prosperity Ln Addis, LA 70710
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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
    3911 New Prosperity Ln Addis, LA 70710
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