Property profile

0 Magnolia Brg Rd Central, LA 70739

OFF-MARKET
Land
8.5 ac lot
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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

Location

Magnolia Brg 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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