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Property profile

1 And Hospital Rd New Roads, LA 70760

OFF-MARKET
Retail properties & Spaces
4,000 SF 0.64 ac lot
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Property summary

AI-generated overview

This exceptional 0.64-acre commercial property, located at the signalized intersection of Hwy 1 and Hospital Rd in New Roads, Louisiana, presents a unique investment opportunity. The 4,000 square foot lot, zoned C-3 (Highway Commercial), boasts an enviable location on a high-traffic corner, experiencing approximately 16,900 vehicles daily. The property is ideally situated within a thriving retail corridor, surrounded by a strong mix of national and local businesses, including Burger King (directly adjacent), Walmart, McDonald's, Murphy's, Take 5 Oil Change, Best Western, Sonic, O'Reilly's, Pizza Hut, Taco Bell, Subway, Exxon, Pointe Coupee General Hospital, Daiquiri Diner, Jarreau's Restaurant, Big Boy's Drive-In, and the False River Antique Mall. Previously occupied by a drive-thru restaurant, this site offers two points of ingress and is available for sale or lease under a NNN lease structure. The asking price is $825,000. The property's APN is 00736720. Its proximity to Hwy LA-1 (False River Dr) and Baton Rouge Metropolitan Airport (BTR) further enhances its appeal. This is an exceptional opportunity to acquire a highly visible and strategically located commercial property in a rapidly growing area.

Property profile

Verified
Property type Retail properties & Spaces
Total area 4,000 SF
Lot 0.64 ac (27,878 SF)

Cap rate & NOI

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

Location

1 And Hospital Rd New Roads, LA 70760
New Roads metro
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Value estimations

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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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