Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    915 Hospital Rd New Roads, LA 70760

    • Commercial real estate
    • 2.04 lot acres
    For Sale
    View listing
    Value Estimation
    Last Sale
    Mar 30, 2022
    $1,886,215
    Location Intelligence
    Property ID
    US36-2191665
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Sonic Drive-In / Fast Food Restaurant

    Property Details for 915 Hospital Rd

    Lot size
    2.04 lot acres
    Property type
    Commercial real estate
    APN
    706976
    APU
    706976

    Description

    This exceptional 0.5-acre commercial land parcel presents a unique development opportunity in New Roads, Louisiana, situated within the Baton Rouge MSA. Boasting a highly desirable C-3 (Highway Commercial) zoning designation, this property offers unparalleled flexibility for a wide range of commercial ventures. Its strategic location provides excellent visibility and accessibility, being directly adjacent to a Sonic Drive-in and just one block from a Walmart Supercenter. The site benefits from proximity to other established retailers, including fast-food restaurants, Hibbett Sports, and a Family Dollar, ensuring high foot traffic and consumer visibility. Furthermore, its location is within half a mile of Pointe Coupee General Hospital and residential areas along the False River, providing a strong customer base and convenient access for employees and patrons. This prime location, combined with its versatile zoning and high-traffic exposure, makes this property an ideal investment for developers seeking a thriving commercial location in a rapidly growing area. The property's size and zoning make it suitable for a variety of commercial uses, offering significant potential for return on investment. Don't miss this chance to secure a highly visible and strategically located commercial development site in the heart of New Roads.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,540,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,960,000
      6.5%
      $1,965,000
      7%
      $1,710,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,865,000
      Geo Method
      $1,895,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,075,000
      Retail
      $1,890,000
      Mixed-Use
      $2,020,000
      Hospitality
      $1,990,000
      Educational
      $1,895,000
      Residential Income
      $2,320,000
      Energy
      $1,860,000
      Income-Based Land
      $1,880,000
      Food Service
      $1,770,000

    Location Insight

    • Map
    • Local Demand
    City
    New Roads
    County
    Pointe Coupee
    State
    Louisiana
    Longitude
    -91.4692
    Latitude
    30.6894
    CBSA code
    12940
    CBSA name
    BATON ROUGE, LA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,953
    $12,000
    $63,370
    $75,370
    -
    $120,000
    $422,467
    $542,467

    Comparable in this City

    • Value Estimation by Request
      1.02 Acres

      2500 Hospital Rd

      COMMERCIAL (GENERAL) • 1.02 Acres
      2500 Hospital Rd, New Roads, LA 70760
      View Details
    • Value Estimation by Request

      619 Main St

      COMMERCIAL (GENERAL)
      619 Main St, New Roads, LA 70760-3519
      View Details
    • Value Estimation by Request

      228 Main St

      COMMERCIAL (GENERAL)
      228 Main St, New Roads, LA 70760-3634
      View Details
    • Value Estimation by Request

      3462 Mary Dr

      COMMERCIAL (GENERAL)
      3462 Mary Dr, New Roads, LA 70760-2644
      View Details
    • Value Estimation by Request

      1001 New Rds St

      COMMERCIAL (GENERAL)
      1001 New Rds St, New Roads, LA 70760-2320
      View Details
    • Value Estimation by Request

      702 Olinde St

      COMMERCIAL (GENERAL)
      702 Olinde St, New Roads, LA 70760-2948
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.50 Acres

      Prime Commercial Land, New Roads, LA

      Half-acre lot, high-traffic location, C-3 zoning.
      915 Hospital Rd, New Roads, LA 70760
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale in New Roads, Louisiana.
      925 Hospital Rd, New Roads, LA 70760
      View Details
    • $160,000
      1,675 SF

      Established Restaurant in New Roads

      Family-owned restaurant with equipment included, operating since 1962.
      623 W Main St, New Roads, LA 70760
      View Details
    • $1,675,000
      3,750 SF

      Prime Medical Office in New Roads, LA

      Class A, Net Lease, 100% Occupied
      300 Hospital Rd, New Roads, LA 70760
      View Details
    • $1,200,000
      1.00 Acre

      Commercial Lot in New Roads

      One-acre commercial lot zoned C-2 in New Roads, Louisiana.
      Tbd False Riv Dr, New Roads, LA 70760
      View Details
    • $485,000
      5.35 Acres

      New Roads Land on Main

      5.35 acres near False River with 300 ft frontage.
      1304 False River Dr, New Roads, LA 70760
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    915 Hospital Rd
    New Roads, LA 70760
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.