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14970 Old Hammond Hwy Baton Rouge, LA 70816

OFF-MARKET Land Google Maps
1.93 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 1.93-acre commercial land parcel presents a remarkable investment opportunity in Baton Rouge, Louisiana. Located at 14970 Old Hammond Highway, this property boasts over 338 feet of road frontage, ensuring high visibility for any business. The asking price is $349,900, translating to approximately $185,132 per acre. Situated in East Baton Rouge Parish, zip code 70816, the land enjoys a strategic location less than half a mile from Millerville Road, experiencing significant daily traffic exceeding 12,000 vehicles on Old Hammond Highway. Its proximity to the East Side Fire Department adds to its appeal. This property is ideal for a business owner or investor seeking a high-traffic location with excellent visibility and significant development potential. The land is classified as commercial and offers a list price per square foot of $4.25. This is a rare opportunity to acquire a well-positioned commercial lot in a thriving area of Baton Rouge. Serious inquiries are encouraged.

Property profile

Verified
Property type Land
Lot 1.93 ac (84,071 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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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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