0 Greenwell Springs Rd, GREENWEL SPGS, LA 70739
This exceptional 0.87-acre commercial land parcel presents a unique investment opportunity in Central, Louisiana. Strategically located at the northwestern intersection of Greenwell Springs Road and the Central Thruway, this corner lot boasts approximately 360 feet of frontage on the Central Thruway and approximately 115 feet of frontage on Greenwell Springs Road, ensuring high visibility and accessibility. The property's prime location offers significant potential for a variety of commercial uses, capitalizing on the substantial traffic flow along these major thoroughfares. The land is priced at $20 per square foot, totaling $757,944. The assessed parcel number (APN) is 035-9673-7. This is a rare opportunity to acquire a sizable commercial lot in a thriving area with excellent growth prospects. The property's size and location make it ideal for a wide range of commercial developments, offering significant return on investment potential. Detailed site plans and further information are available upon request. Don't miss this chance to secure a prime piece of Central, LA real estate.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.