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    OFF-MARKET
    Land

    14690 Greenwell Springs Rd, Central, LA 70739

    0.88 ac lot
    Property ID
    Property summary
    AI-generated overview

    This 0.88-acre commercial lot in Baton Rouge, Louisiana, is ideally situated on the hard corner of Greenwell Springs Road and the Central Throughway in East Baton Rouge County, zip code 70739. Boasting approximately 388 feet of frontage, this prime parcel benefits from high visibility and significant daily traffic volume, estimated at approximately 30,000 vehicles. The property's location within a thriving retail corridor offers exceptional accessibility and exposure. Nearby established businesses include Murphy Express, Sonic, Waffle House, Oak Point Fresh Market, Pizza Hut, Burger King, Snap Fitness, and Walgreens, indicating a strong commercial presence and high consumer traffic. The lot is currently improved with a single-family residence, a mobile home, and a shed. The permitted zoning is Rural. The asking price is $650,000, translating to approximately $16.96 per acre. This presents a unique opportunity for developers and investors seeking a high-traffic location with significant development potential in a rapidly growing area.

    Property profile
    Verified
    Property type Land
    Lot 0.88 ac (38,333 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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