4316 Government St Baton Rouge, LA 70806
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 4316 Government St
- Property type
- Commercial real estate
Description
This exceptional commercial land parcel, located at 4316 Government St in Baton Rouge, Louisiana, presents a compelling investment opportunity. The property encompasses 9,600 square feet and is zoned C-1, allowing for a diverse range of commercial uses. Situated in the heart of Mid-City's thriving commercial district, this site offers excellent visibility and accessibility. The property's location within a rapidly growing area, surrounded by established businesses and vibrant community activity, makes it ideal for developers and investors seeking to capitalize on Mid-City's ongoing revitalization. The current configuration consists of two adjacent 40' x 120' lots, but there's potential to expand the site. The possibility exists to combine this property with adjacent lots to create a significantly larger, approximately 25,000 square foot, hard corner site. This land is priced at $195,000, representing a land value of $884,813 per acre. The property's strategic location and zoning make it suitable for various developments, including retail, office spaces, restaurants, or mixed-use projects. This is a rare chance to acquire a highly desirable commercial property in one of Baton Rouge's most dynamic neighborhoods. The zip code is 70806, and the property is located in East Baton Rouge Parish.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Baton Rouge
- County
- East Baton Rouge Parish
- State
- Louisiana
- Longitude
- -91.1453125
- Latitude
- 30.4440688