17122 Greenwell Springs Rd Central, LA 70739
This exceptional retail property, located at 17122 Greenwell Springs Rd, Central, LA 70739, presents a compelling investment opportunity. The 2,538 square foot building sits on a highly visible 0.52-acre corner lot at the signalized intersection of Greenwell Springs Road and Morgan Road in East Baton Rouge County. The asking price is $450,000, translating to a price per square foot of $177.30. This prime location offers excellent visibility and accessibility for any retail business. The property benefits from a deed restriction prohibiting the operation of a convenience store, ensuring a diverse range of potential tenants. The substantial lot size provides ample space for expansion or additional development, further enhancing its investment potential. This property is ideal for entrepreneurs seeking a well-positioned retail space with significant growth opportunities. The strategic location and unique characteristics make this a truly remarkable opportunity in the thriving Central, Louisiana market. The property is zoned for retail use.
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
Similar Nearby for Lease
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.