Property profile

14246 Greenwell Springs Rd Central, LA 70739

OFF-MARKET
Land
43.46 ac lot
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Property summary

AI-generated overview

This exceptional 43.456-acre commercial land parcel presents a significant development opportunity in Central, Louisiana. Located in East Baton Rouge Parish, the property boasts a prime location between Greenwell Springs Road and Central Thruway, offering two potential access points for optimal convenience. The land is zoned B4 (General Commercial Business Four), allowing for a wide range of commercial uses. The asking price is $1,861,703, translating to a land value of $42,837 per acre. The property's APN is 019-6112-8. This expansive tract offers significant potential for various commercial ventures, given its size and strategic location. Note that an additional approximately 1.325 acres, including a house and pool, is included in this offering. This adds further value and potential for future development or alternative uses. The property's size and zoning make it an attractive investment for developers seeking a substantial land holding in a rapidly growing area. Serious inquiries are encouraged to explore the possibilities of this unique commercial land opportunity. The property is ready for development and offers significant upside potential for the right investor.

Property profile

Verified
Property type Land
Lot 43.46 ac (1,892,943 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

14246 Greenwell Springs Rd Central, LA 70739
Central metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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