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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

17122 Greenwell Springs Rd Central, LA 70739

2,538 SF 0.52 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Total area 2,538 SF
Lot 0.52 ac (22,651 SF)
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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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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