0 Greenwell Springs Rd, GREENWEL SPGS, LA 70739
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.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.