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    OFF-MARKET
    Retail properties & Spaces

    11750 Hooper Rd, Baton Rouge, LA 70818

    7.34 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 7.34-acre commercial land parcel presents a prime development opportunity in Baton Rouge, Louisiana. Located at 11750 Hooper Rd, this bank-owned property boasts a highly desirable B-5 zoning designation, perfect for large-scale commercial or business district development. The site comprises two tracts totaling 7.34 acres (5.30 and 2.04 acres), with approximately 1 to 1.5 acres of usable land fronting Hooper Road, ideal for immediate construction. Benefitting from convenient cross-access to a neighboring Walmart Neighborhood Market, this location enjoys exceptional visibility and high traffic counts, averaging approximately 15,700 vehicles daily on Hooper Road and 29,000 at the Hooper/Joor Road intersection. The property's strategic position places it in close proximity to numerous national retailers and restaurants, including McDonald's, Taco Bell, AutoZone, Dollar General, Winn-Dixie, and Sonic, ensuring strong consumer traffic and potential for high returns. Priced at $475,000, or approximately $1.49 per square foot (gross), this lender-owned property represents a compelling investment opportunity for developers seeking a high-traffic, well-located site in a thriving retail corridor of East Baton Rouge Parish, zip code 70818. The property is situated in a rapidly growing area with excellent access to major roadways.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Lot 7.34 ac (319,730 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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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