3171 Millerville Rd, Baton Rouge, LA 70816
This exceptional 1.62-acre commercial land parcel, located at 3171 Millerville Road in Baton Rouge, Louisiana (APN 308-3319-7), presents a remarkable investment opportunity. Zoned for a variety of uses, including multi-family housing, retail pad development, and self-storage facilities, this property offers significant development potential. The site currently includes a pre-existing house. Its strategic location near the intersection of Millerville Road and S. Harrells Ferry Road provides excellent visibility and accessibility. The property boasts convenient proximity to major roadways, including Interstate 12 (0.4 miles) and S. Harrells Ferry Road (0.2 miles), ensuring easy access for residents and customers. With a high traffic count of 24,200 vehicles per day on S. Harrells Ferry Road, this location offers substantial exposure. Furthermore, the area is well-served by local restaurants, retail establishments, and shopping centers, enhancing its appeal and potential for success. The asking price for this versatile property is $450,000. This is an ideal opportunity for developers seeking a prime location with multiple development options in a thriving Baton Rouge neighborhood. The zip code is 70816.
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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
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No recorded transactions found for this property.
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