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    14123 Greenwell Springs Rd Central, LA 70739

    • Lifestyle centers
    • 195,678 SF
    For Sale
    View listing
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Lifestyle centers

    Property Details for 14123 Greenwell Springs Rd

    Property size
    195,678 SF
    Property type
    Lifestyle centers
    Property subtype
    Power centers

    Description

    This exceptional 4.492-acre property, located at 14123 Greenwell Springs Road in Central, Louisiana, presents a compelling redevelopment opportunity. Currently vacant and zoned Rural/Agricultural (R/A) with a Corridor Overlay District along the road frontage, this site offers significant potential for commercial development. The property boasts 310.18 feet of frontage on Greenwell Springs Road, ensuring high visibility and accessibility. Situated less than half a mile southwest of the intersection of Central Throughway and Greenwell Springs Road, it benefits from proximity to numerous national retailers, including Oak Point Fresh Market, Sherwin-Williams, Walgreens, Chase Bank, Sonic, Waffle House, Burger King, and Snap Fitness. The land is comprised of two contiguous lots ('E' and 'F') and features a recorded boundary survey. The property's location within Flood Zones X and AE should be considered during the planning process. The land value is priced at $8.50 per square foot, totaling 195,678 square feet. A rezoning will be required for commercial development. This prime location and substantial acreage make this an ideal investment for value-add or redevelopment projects.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Central
    County
    East Baton Rouge Parish
    State
    Louisiana
    Longitude
    -91.0311
    Latitude
    30.5104

    Comparable in this City

    • Value Estimation by Request
      9,440 SF

      22801 Greenwell Springs Rd

      Lifestyle centers • 9,440 SF
      22801 Greenwell Springs Rd, Central, LA 70739
      View Details
    • Value Estimation by Request
      17,668 SF

      18564 Magnolia Brg Rd

      Lifestyle centers • 17,668 SF
      18564 Magnolia Brg Rd, Central, LA 70739
      View Details
    • Value Estimation by Request
      11,879 SF

      17070 Greenwell Springs Rd

      Individual retail properties • 11,879 SF
      17070 Greenwell Springs Rd, Central, LA 70739
      View Details
    • Value Estimation by Request
      1.18 Acres

      9797 Greenwell Springs Rd

      Individual retail properties • 1.18 Acres
      9797 Greenwell Springs Rd, Central, LA 70739
      View Details
    • Value Estimation by Request
      8,400 SF

      18448 Magnolia Brg Rd

      Individual retail properties • 8,400 SF
      18448 Magnolia Brg Rd, Central, LA 70739
      View Details
    • Value Estimation by Request
      2,538 SF

      17122 Greenwell Springs Rd

      Retail properties • 2,538 SF
      17122 Greenwell Springs Rd, Central, LA 70739
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      195,678 SF

      Central LA Redevelopment Opportunity

      4.49 Acres, High-Traffic Location
      14123 Greenwell Springs Rd, Central, LA 70739
      View Details
    • $95,000
      1.18 Acres

      Greenwell Springs Road Land - $95k

      1.18-acre commercial lot, prime redevelopment.
      9797 Greenwell Springs Rd, Central, LA 70739
      View Details
    • $450,000
      2,538 SF

      Central LA Retail Opportunity

      High-visibility retail building, 2,538 sq ft.
      17122 Greenwell Springs Rd, Central, LA 70739
      View Details
    • $350,000
      1.36 Acres

      Central LA Commercial Land Investment

      Prime 1.36-acre corner lot, high traffic.
      22755 Greenwell Springs Rd, Central, LA 70739
      View Details
    • $2,300,000
      36,740 SF

      Retail Center in Central

      Multi-tenant retail center with value-add potential in Central.
      6631 Sullivan Rd, Greenwell Springs, LA 70739
      View Details
    • Contact for pricing

      Retail Strip Center For Sale

      Renovated strip center in Central, Louisiana, near major development.
      6647 Sullivan Rd, Greenwell Springs, LA 70739
      View Details

    Similar Nearby for Lease

    • $9 SF/Yr
      17,668 SF

      Central LA Retail Center

      Prime Retail Space Available in Central, LA
      18564 Magnolia Brg Rd, Central, LA 70739
      View Details
    • $8 SF/Yr
      2,524 SF

      Magnolia Bridge Retail Space Available

      Retail and restaurant spaces available at Magnolia Bridge and Greenwell.
      18564 Magnolia Bridge Rd, Greenwell Springs, LA 70739
      View Details
    • $10 SF/Yr
      11,879 SF

      Central LA Retail Storefront

      Prime retail space, 1250-3750 sq ft.
      17070 Greenwell Springs Rd, Central, LA 70739
      View Details
    • $17 SF/Yr
      3,400 SF

      New Retail/Office Space Available

      New construction with drive-thru, ideal for retail or office.
      18448 Magnolia Bridge Rd, Greenwell Springs, LA 70739
      View Details
    • $13 SF/Yr
      40,000 SF

      Central LA Office Suites Available

      Modern renovated office space, 4 suites available.
      6647 Sullivan Rd, Central, LA 70739
      View Details
    • $8 SF/Yr
      17,770 SF

      River Crossing Shopping Center

      Central LA Retail Space - 12,624 SF Available
      18564 Magnolia Brg Rd, Central, LA 70739
      View Details
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    14123 Greenwell Springs Rd
    Central, LA 70739
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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
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