0 Hooper Rd Baton Rouge, LA 70811
This exceptional 9.35-acre commercial land parcel presents a prime development opportunity in Baton Rouge, Louisiana. Located on Hooper Road, this C-2 zoned property boasts approximately 1,673 feet of frontage, offering significant visibility and accessibility. Its strategic location, approximately 2.2 miles from Baton Rouge Metropolitan Airport, ensures convenient access for both businesses and customers. The site's highest and best use is identified as retail development, driven by its favorable zoning, proximity to the airport, and the presence of 518 newly constructed apartment units directly adjacent. This translates to a robust potential customer base for any retail venture. Further enhancing its appeal, this property is situated within an Opportunity Zone, providing substantial tax incentives for qualified economic development projects. This unique combination of factors makes this land a compelling investment prospect for developers seeking a high-impact retail development site in a thriving Baton Rouge location. The property's address is Hooper Road, Baton Rouge, LA 70811, within East Baton Rouge Parish. The asking price is $1,100,000.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.