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    3171 Millerville Rd Baton Rouge, LA 70816

    Sponsored
    For Sale
    $450,000

    1.62 Acres, Multi-Use Potential, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.62-acre commercial land parcel, located at 3171 Millerville Road in Baton Rouge, Louisiana (APN 308-3319-7), presents a remarkable investment opportunity. Zoned for a variety of uses, including multi-family housing, retail pad development, and self-storage facilities, this property offers significant development potential. The site currently includes a pre-existing house. Its strategic location near the intersection of Millerville Road and S. Harrells Ferry Road provides excellent visibility and accessibility. The property boasts convenient proximity to major roadways, including Interstate 12 (0.4 miles) and S. Harrells Ferry Road (0.2 miles), ensuring easy access for residents and customers. With a high traffic count of 24,200 vehicles per day on S. Harrells Ferry Road, this location offers substantial exposure. Furthermore, the area is well-served by local restaurants, retail establishments, and shopping centers, enhancing its appeal and potential for success. The asking price for this versatile property is $450,000. This is an ideal opportunity for developers seeking a prime location with multiple development options in a thriving Baton Rouge neighborhood. The zip code is 70816.

    Property Features for 3171 Millerville Rd

    General Information

    Property type
    Individual retail properties
    Lot Size
    70,567 SF

    HighLights

    • $450,000 asking price for 1.62 acres of vacant commercial land.
    • Located at 3171 Millerville Rd, Baton Rouge, LA 70816 (APN 308‑3319‑7).
    • Suitable for multifamily, retail pad, or self‑storage development.
    • Near I‑12 and S. Harrells Ferry Road, with high traffic counts.
    • Includes a preexisting house.
    Property Profile Location Intelligence

    Current Use by Public Records

    Howdy Towing & Roadside ... Towing Service

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    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
    -91.0238733
    Latitude
    30.4310923

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    FAQs

    What type of property is this?
    Individual retail property - 1.62 Acres, Multi-Use Potential, Prime Location
    Where is this individual retail property located?
    The property is located at 3171 Millerville Rd Baton Rouge, LA.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: $450,000 asking price for 1.62 acres of vacant commercial land.; Located at 3171 Millerville Rd, Baton Rouge, LA 70816 (APN 308-3319-7).; Suitable for multifamily, retail pad, or self-storage development.
    (225) 766-6162
    Request Owner's contact information
    3171 Millerville Rd 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
    3171 Millerville Rd Baton Rouge, LA 70816
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