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    O'neal Ln Baton Rouge, LA 70816

    For Sale
    $395,000

    1.27 Acres, C-2 Zoning, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This 1.27-acre commercial land parcel in Baton Rouge, Louisiana, presents a unique investment opportunity. Located on the heavily trafficked O'Neal Lane (LA 3245), this property boasts excellent visibility and access, with an average daily traffic count of 28,463 vehicles in 2019. Zoned C-2 for heavy commercial use, with a small rear portion zoned B for off-street parking, it offers significant development potential. The property features approximately 165 feet of frontage on O'Neal Lane, is generally level, and mostly wooded. City utilities are readily available, including sanitary sewer and water mains. Situated approximately one mile south of the I-12/O'Neal Lane interchange and 400 feet north of S. Harrell's Ferry Road, this location provides easy access to major transportation arteries. The property is primarily in X flood zone, with a small rear portion in AE (subject to confirmation). Additional land may be available for purchase. This prime location within the rapidly growing Baton Rouge metro area (population approximately 855,000) offers exceptional potential for a variety of commercial ventures. The asking price is $395,000, representing a price per acre of $311,024. The property is part of submarket LACDB - 43.

    Property Features for 0 O'neal Ln

    General Information

    Property type
    Land
    Lot Size
    55,321 SF

    HighLights

    • 1.27‑acre commercial land parcel in Baton Rouge, LA, priced at $395,000 ($311,024/acre).
    • C‑2 heavy commercial zoning, with a portion zoned for off‑street parking.
    • High visibility and accessibility on heavily trafficked O'Neal Lane (LA 3245), a major commercial corridor in eastern Baton Rouge.
    • Located near the I‑12/O'Neal Lane interchange and S. Harrell's Ferry Rd., with an average daily traffic count of 28,463 vehicles (2019 data).
    • Served by city utilities and offers potential for expansion with adjacent land availability.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Baton Rouge
    County
    East Baton Rouge Parish
    State
    Louisiana
    Longitude
    -91.0075427
    Latitude
    30.4364552

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    FAQs

    What type of property is this?
    Land - 1.27 Acres, C-2 Zoning, High Traffic
    Where is this land located?
    The property is located at O'neal Ln Baton Rouge, LA.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: 1.27-acre commercial land parcel in Baton Rouge, LA, priced at $395,000 ($311,024/acre).; C-2 heavy commercial zoning, with a portion zoned for off-street parking.; High visibility and accessibility on heavily trafficked O'Neal Lane (LA 3245), a major commercial corridor in eastern Baton Rouge.
    (318) 681-1051
    Request Owner's contact information
    O'neal Ln Baton Rouge, LA 70816
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    Baton Rouge, LA 70816
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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
    O'neal Ln Baton Rouge, LA 70816
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