0 Greenwell Springs Rd Central, LA 70818
This exceptional 67.5-acre parcel of land presents a unique investment opportunity in Baton Rouge, Louisiana. Located on Greenwell Springs Road in East Baton Rouge Parish, zip code 70818, this property boasts a desirable rural zoning designation, offering versatility for various development projects. The land is situated adjacent to the Northwood neighborhood, providing convenient access to established amenities. With a total area of 67.5 acres, the land is priced at $21,000 per acre, totaling $1,417,500. The property's APN is 004-2881-7. Its location in a rural area, combined with its proximity to a residential neighborhood, makes it suitable for a range of development options, including residential, industrial, or agricultural projects. The property is classified as residential land, specifically a mobile home park subtype. Detailed information regarding permitted uses and development regulations can be obtained through the appropriate local authorities. This substantial acreage presents a compelling opportunity for developers seeking a prime location for a new project in a growing area. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.