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    Wax Rd Baton Rouge, LA 70818

    For Sale
    $900,000

    Prime Central, LA Pad Sites

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 1.66-acre commercial land parcel, located at Wax Rd, Lot 6-A, Baton Rouge, LA 70818, is offered for sale at $900,000. Zoned C-1, this fee-simple property presents a unique opportunity for immediate development. Situated in the thriving Central, Louisiana area, this location boasts excellent visibility and accessibility, surrounded by established national and regional retailers, banks, credit unions, a Walmart Supercenter, and medical and professional office buildings. The property features existing adjacent parking, making it ideal for various commercial uses. Pad sites ranging from 3,000 to 12,000 square feet are available, ready for immediate construction. A turnkey build-out package option is also available, streamlining the development process. This prime location within the Baton Rouge MSA offers businesses a strategic advantage in a rapidly growing area known for its high quality of life, excellent schools, and convenient access to the state capital. The property's location in East Baton Rouge Parish provides easy access to major transportation routes and a strong local economy. This is an exceptional opportunity for investors and developers seeking a high-return investment in a desirable location. The property is offered for sale by owner.

    Property Features for 0 Wax Rd

    General Information

    Property type
    Land
    Lot Size
    72,310 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Baton Rouge
    County
    East Baton Rouge Parish
    State
    Louisiana
    Longitude
    -91.03293193
    Latitude
    30.54416807

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    FAQs

    What type of property is this?
    Land - Prime Central, LA Pad Sites
    Where is this land located?
    The property is located at Wax Rd Baton Rouge, LA.
    What is the asking price?
    The asking price for this property is $900,000.
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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
    Wax Rd Baton Rouge, LA 70818
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