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    OFF-MARKET
    Land

    14841 Greenwell Springs Rd, Central, LA 70739

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    Property summary
    AI-generated overview

    This exceptional 55,000 square foot commercial land parcel presents a unique investment opportunity in the thriving Central, Louisiana area. Located at the hard corner of Central Thruway and Greenwell Springs Road, this property boasts significant frontage on both major thoroughfares – 275 feet on Central Thruway and 200 feet on Greenwell Springs Road, ensuring high visibility and accessibility. The property is zoned for Rural use, offering a range of potential development options. The asking price is $1,500,000, translating to a land value of $27.27 per square foot. This represents a compelling price point for a strategically located parcel of this size in a rapidly growing market. The address is 14841 Greenwell Springs Road, Greenwell Springs, LA 70739, within East Baton Rouge Parish. Cash to seller terms are preferred. This property's prime location and substantial size make it ideal for a variety of commercial ventures, offering significant potential for future growth and return on investment. Serious inquiries are encouraged to explore the possibilities this exceptional land offering presents.

    Property profile
    Verified
    Property type Land
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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