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Property profile

0 Harrells Ferry Rd Baton Rouge, LA 70816

OFF-MARKET
Retail properties & Spaces
2.63 ac lot
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Property summary

AI-generated overview

This exceptional 2.63-acre parcel of cleared, high and dry land is located on S. Harrell's Ferry Road in Baton Rouge, Louisiana, within East Baton Rouge Parish (zip code 70816). The property, identified by APN 017-2670-6, is priced at $768,000, translating to $292,015 per acre. Its rural zoning allows for a variety of uses, making it an attractive investment opportunity. Previously approved for a subdivision of up to ten lots, this site is ideal for estate lots or a boutique development. The land boasts a significant advantage: it's located outside of any flood zone. All utilities are conveniently located at the roadside, making infrastructure connection straightforward and cost-effective. This shovel-ready site presents a unique chance to capitalize on the desirable Baton Rouge location and the property's inherent development potential. The high and dry nature of the land minimizes potential site preparation costs and accelerates the development timeline. This is a rare opportunity to acquire a well-situated, ready-to-build tract of land in a thriving area.

Property profile

Verified
Property type Retail properties & Spaces
Lot 2.63 ac (114,563 SF)

Cap rate & NOI

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

Location

Harrells Ferry Rd Baton Rouge, LA 70816
Baton Rouge metro
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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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