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Property profile & analytics
OFF-MARKET
Office Spaces

1201 Millerville Rd Baton Rouge, LA 70816

Property ID
Property summary
AI-generated overview

This exceptional 3.67-acre parcel, located at 1201 Millerville Rd, Baton Rouge, LA 70816, presents a unique investment opportunity. Situated in East Baton Rouge Parish, this property boasts a substantial 160,052 square feet of land, currently zoned Rural. The asking price is $1,300,000, translating to a land value of $10.50 per square foot. Its strategic location offers convenient access, being less than a mile north of Interstate 12, a major transportation artery. Currently undergoing clearing, the site requires rezoning to suit the buyer's intended development. The property's APN is 020-1105-0. Given its size and location, this is one of the last remaining undeveloped parcels on Millerville Road, making it an ideal site for various development projects. The property's versatility allows for a range of potential uses, including residential, hospitality, multi-family, or office developments, subject to obtaining the necessary zoning approvals. This presents a rare chance to acquire a significant land holding in a rapidly developing area of Baton Rouge. Serious inquiries are encouraged.

Property profile
Verified
Property type Office Spaces
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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