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    OFF-MARKET
    Land

    0 Magnolia Brg Rd, Central, LA 70739

    8.5 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 8.5-acre parcel, located at Magnolia Bridge Rd, GREENWEL SPGS, LA 70739 (APN: 018-8513-8), presents a unique investment opportunity. Zoned C-1, this property offers versatile development potential for a variety of commercial uses, including office space, retail establishments, or self-storage facilities. The land is priced at $740,520, translating to a land value of $2 per square foot. Its strategic location in East Baton Rouge Parish, Louisiana, provides excellent access and visibility. The property's size and zoning make it ideal for a substantial development project. Furthermore, an additional 10 adjacent acres are available for purchase at a price of $1.50 per square foot ($653,400). This presents a rare chance to acquire a significant land holding in a desirable location. Serious inquiries are encouraged; all offers will be considered. The property is available for sale, lease, or build-to-suit arrangements.

    Property profile
    Verified
    Property type Land
    Lot 8.5 ac (370,260 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
    AI Approach AI
    by Request
    CAP Approach CAP
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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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