Property profile

0 Greenwell Springs Rd GREENWEL SPGS, LA 70739

OFF-MARKET
Land
0.87 ac lot
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Property summary

AI-generated overview

This exceptional 0.87-acre commercial land parcel presents a unique investment opportunity in the thriving Central, Louisiana market. Boasting approximately 360 feet of frontage on the Central Thruway and approximately 115 feet of frontage on Greenwell Springs Road, this property offers unparalleled visibility and accessibility. Its strategic location in the northwestern quadrant of the Central Thruway and Greenwell Springs Road intersection ensures high traffic exposure, making it ideal for a variety of commercial ventures. The land is priced at $757,944, translating to a land value of $20 per square foot. This represents a compelling value proposition in a rapidly developing area. The property's size and location make it suitable for a wide range of commercial developments, from retail spaces and restaurants to office buildings and light industrial uses. The address is Greenwell Springs Road, GREENWEL SPGS, LA 70739, within East Baton Rouge Parish. Its coordinates are 30.6039994 latitude and -90.9818773 longitude. This prime location offers significant potential for substantial return on investment. Don't miss this chance to acquire a highly visible and strategically located commercial property in a growing market.

Property profile

Verified
Property type Land
Lot 0.87 ac (37,897 SF)

Cap rate & NOI

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

Location

Greenwell Springs Rd GREENWEL SPGS, LA 70739
GREENWEL SPGS 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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