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    OFF-MARKET
    Land

    0 Greenwell Springs Rd, GREENWEL SPGS, LA 70739

    0.87 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 0.87 ac (37,897 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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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