Property summary
This exceptional 22-acre property presents a unique investment opportunity in Greenwel Springs, Louisiana. Located along the Central Thruway, this land boasts approximately 1,000 linear feet of frontage, offering significant development potential. Currently zoned ORD and B4 by the City of Central, the property's zoning allows for a variety of commercial and residential uses. The asking price has been significantly reduced to $725,000, reflecting a substantial 25% price decrease. Floodplain analysis reveals a mix of Zone X and AE designations, which should be considered during any development planning. This bank-owned foreclosure presents a compelling opportunity for developers and investors seeking a large parcel of land in a rapidly growing area. The property's strategic location and substantial acreage make it ideal for a wide range of projects, from commercial ventures to residential subdivisions. Detailed zoning information and flood maps are available upon request. This is a rare chance to acquire a significant land holding in East Baton Rouge Parish, Louisiana, at a significantly reduced price. Serious inquiries are encouraged. The property's address is Central Throughway, Greenwel Springs, LA 70739.
Property profile
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Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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