Property profile

0 Greenwell Springs Rd GREENWEL SPGS, LA 70739

OFF-MARKET
Land
0.87 ac lot
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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

Location

Greenwell Springs Rd GREENWEL SPGS, LA 70739
GREENWEL SPGS metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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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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