11880 Greenwell Springs Rd Baton Rouge, LA 70814
This exceptional retail property, located at 11880 Greenwell Springs Rd in Baton Rouge, Louisiana, presents a unique investment opportunity. The 2,675 square foot building sits on a 0.71-acre lot and boasts a highly desirable C2 zoning designation. Constructed in 1981, the single-story structure features a former bank branch layout, complete with four drive-thru lanes and a separate ATM. This presents a versatile space adaptable to various retail uses. The property benefits from its strategic location at a signalized intersection of Greenwell Springs Road and Monticello Boulevard, enjoying high visibility and accessibility. With an average daily traffic count of 19,300 vehicles on Greenwell Springs Road, this location ensures significant exposure to potential customers. The asking price is $395,000, translating to $147.66 per square foot. This property is a single-tenant building, offering a streamlined ownership experience. The address is 11880 Greenwell Springs Rd, Baton Rouge, LA 70814, within East Baton Rouge Parish. This is an excellent opportunity for investors seeking a well-positioned retail space in a high-traffic area.
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Regions Bank Bank Loan Service
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ATM (Regions Bank) Atm
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Western Union Bank Credit Union
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Regions Mortgage Loan Service Bank
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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