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    OFF-MARKET
    Land

    0 Rieger Rd, Baton Rouge, LA 70809

    3 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 3-acre commercial land parcel presents a remarkable investment opportunity in Baton Rouge, Louisiana. Strategically located on N Rieger Rd, this property boasts unparalleled visibility to the high-traffic Interstate 10 corridor, averaging over 106,000 vehicles daily. The lot is ideally situated just two blocks from both the I-10/Pecue Lane and I-10/Siegen Lane interchanges, providing quick and easy access to all of Baton Rouge and its surrounding areas. The property itself is already surveyed, recorded, cleared, and level, sitting above street grade and appearing well-drained. It features a substantial 275-foot frontage on the two-lane Rieger Road service road to I-10 and extends 484 feet deep. The HC2 (Heavy Commercial) zoning allows for a wide range of development possibilities. Utilities are readily accessible, with a sanitary sewer main and manhole at the rear property line and Baton Rouge Water Company water main along the front. A small area at the southwest corner is subject to a perpetual servitude for a Lamar billboard. The property's prime location is further enhanced by its adjacency to WESCO and its proximity to Top Golf, ensuring high visibility and potential for synergistic business opportunities. The asking price is $3,600,000, translating to $27.55 per square foot. Additional adjacent land may be available for expansion. This is a rare opportunity to acquire a highly visible, well-situated commercial property with significant development potential.

    Property profile
    Verified
    Property type Land
    Lot 3 ac (130,680 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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