Property profile

14690 Greenwell Springs Rd Central, LA 70739

OFF-MARKET
Land
0.88 ac lot
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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

Location

14690 Greenwell Springs Rd Central, LA 70739
Central metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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